I apologise to readers around the world for having defended the emergency stimulus policies of the US Federal Reserve, and for arguing like an imbecile naif that the Fed would not succumb to drug addiction, political abuse, and mad intoxicated debauchery, once it began taking its first shots of quantitative easing.
My pathetic assumption was that Ben Bernanke would deploy further QE only to stave off DEFLATION, not to create INFLATION. If the Federal Open Market Committee cannot see the difference, God help America.
Evans-Prichard’s description of drug addiction, political abuse, and mad intoxicated debauchery is a good description of the current occupant of the White House. The Regime along with it’s Democrat supporters in the House and Senate are adicted to spending money they don’t have. You can truly call it a drug addiction.
This is the reason for the rising Tea Party movement. The kids (Democrats) are out of control and the adults (Tea Party) are speaking up and getting ready to intervean in NOvember.
theoretically there is nothing that can stop the government from taxing 100% of income so long as the people get benefits from the government commensurate with their income which is taxed.
Obama the Anticolonial, no wonder he hates America so…
Forbes nails the President in their article by Dinesh D’Souza, How Obama Thinks.
The White House didn’t seem to like being called a Anticolonial but the description sure does fit. Washington Post, Howard Kurtz, White House rips Forbes article
In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.
“In the first 19 months of the Obama administration, the federal debt… is more than the cumulative total… amassed by all U.S. presidents from George Washington through Ronald Reagan.”
And Obama, still not satisfied, wants another 50 Billion dollars! Unbeliveable!
The Democrat and Republicans In Name Only, (RINO)s, have lost touch with the American People. They have become the political elite and We the People have become "fly-over country." I am not a Nazi, a terrorist, a member of the KKK, a racist, or a member of an angry mob. I'm not a birther, teabagger, truther or astroturfer. I do, however believe in the original intent of the Founding Fathers, the United States Constituton and the rule of law. I believe that Government should serve the People, not the other way around. I’m an American and conservative to my very core.
