Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (8437)	5/22/2009 11:09:39 AM
From: RetiredNow	Respond to of 86356

Our prediction that inflation would come roaring back is already beginning with the economic recovery gaining its legs. The dollar's value decreasing over the last 5 months is a clear indication of the coming inflation. Every action has consequences and this country's profligacy and fiscal irresponsibility is about to come home to roost. Get ready for commodities such as oil to start spiking upwards again as the dollar decreases in value and the economy recovers. Let's just hope the economy recovers fast enough not be derailed by all this, but if it does, it'll be a squeaker. Dollar hits five-month low ft.com

To: Bearcatbob who wrote (8437)	5/22/2009 12:33:38 PM
From: Brumar89	1 Recommendation Read Replies (1) \| Respond to of 86356

Thinking more about "what Obama inherited from Bush". Obama was a Senator. He did vote on the late Bush era budget bills. Including the TARP bill last fall which was the start of the really big budget deficit we're going to have this year. Is it really right to disassociate Obama from things he voted for as a Senator? Sure, the TARP bill was Bush's doing. But it was also Obama's doing as well. Logically then, this years deficit is a Bush-Obama deficit.