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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (46020)	11/30/2008 1:02:43 PM
From: koan	Respond to of 149317

>> Remember World War 2 was a massive spending effort, but interest rates didn't rise until 30 years later. And you had a nice Kennedy bull market in the 60's... Not that this is the 60's, it's more like 1931, but you get my drift, I hope. Keep your gold, that's probably the only thing I can say definitively.<< These three sentences I see differently. Yes our deficit spending during WWII was something like 125% of GDP, but we rebulit our factories and then controlled the whole workd, so we could grow our way out of our debt. Not sure things are the same now. Interest rates rose in response to the inflation caused by LBJ's guns and butter I think. I think we have a different set of variables now. I hope you are right, but things seems bad to me. Not sure about Austrain economics and I really feel people love Ron Paul without knowing what he really stands for. Ron Paul's world, is a selfish and unrealistic world.