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


To: RetiredNow who wrote (121581)9/22/2012 2:44:49 PM
From: tejek  Read Replies (1) | Respond to of 149317
 
I've filled this thread with a million reasons why. He's a drug pusher who knows nothing but drug pushing. And the consequences are so severe as to be unimaginable to most Americans. But the true consequences are ringing across the world as we speak. Bernanke has engaged in a massive export of inflation with his beggar thy neighbor policies. I travel all over the world and I've seen the consequences of that exported inflation. Hell, just watch the news and you see the consequences every day in countries where food is the majority of a person's budget expenditure. Those countries that control their own currencies have responded by debasing their own currencies to fight back. The result is a Currency War where everyone is a loser. It's the exact opposite of a win-win. Then here in the US....well, I get tired of repeating it. Go back through my posts over the last 4 years. I've given reasons enough.

So food prices are going up but it has nothing to do with droughts, floods and population growth but due to Bernanke's economic policies. I might even consider the possibility if it weren't for the fact that Europe and the UK are fighting deflation. Yes, China is experiencing inflation but its growth rate has been hyperactive for years now. Inflation tends to follow hyperactive growth so it doesn't surprise me. In fact, there is very little inflation in the world; to whit, crude has been stuck in a trading range for 4 years now. The threat of deflation is more a problem for the world than inflation.

Look. You've won. Obama will be President and Bernanke will be Chairman of the Central Planning Committee of the new United Amerikan Socialist Republik. Now when the consequences start to rain down and they find you unprepared because you are such a starry-eyed believer, don't look for pity from me. I warned you and this thread for years. I'm prepared, as best I know how to prepare. Are you?

OK. You see when you start talking about the United Amerikan Socialist Republik.........what that tells me is I am talking to another crazy Randian Republican. I don't know what's wrong with you people but you are becoming a very serious problem for this nation...........and not in a good way.