I told everyone on this forum that Obama was a phony. "Change" isn't coming to Washington at all it's more of the same bullshit that comes from the left. Higher taxes, more regulation, environmental wackiness and more spending than ever before.
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http://video.rr.com/?v=gYGqm_6ytCFblLYt_AkNzkFjESvyc6AA
Maybe MCCain should have promised FREE houses to everyone.
BobGuzzo.comdomains.
I told everyone on this forum that Obama was a phony. "Change" isn't coming to Washington at all it's more of the same bullshit that comes from the left. Higher taxes, more regulation, environmental wackiness and more spending than ever before.
Going to be a rough ride that's for sure.
Expert calling it a U.S. depression
http://www.upi.com/Business_News/200...1211231704692/
All highly orchestrated.
No we aren't exactly there yet but we will be unless the right measures are taken. Which they won't be because if the things that need to be done are done then lots of very powerful people aren't so powerful anymore. Obama will continue to do what he's said he's going to do (Post election) He'll unload the other 350 billion (which actually comes to 3.5 trillion via fractional banking) He'll give everyone $500 which won't do anything for the economy.
My prediction is (based on many others predictions) there "may" be a short rally in the market when this new money is unleashed. Being coined as the Obama bounce. But no matter what within the next 3 months there will be a drastic change in our economy. This will be a dollar devaluation and/or a stock market crash once people figure out the bailouts didn't work. Much like they didn't last year.. Hyper-inflation will begin within that time frame or shortly thereafter. The whole job creation aspect is all a part of it. They want lots of people depending on the government.
Now this is if they don't just come right out from the start and devalue the dollar intentionally and give us another currency altogether. This could very well be a possibility because by doing this they can put off all problems for years but the truth is they didn't fix the problem. We will still have the national debt, fractional banking, inflation etc, etc. It's just another band aid applied.
What should be done is
Eliminate the income tax/IRS
Eliminate the Federal reserve and nationalize all banks
Eliminate interest.
Full reserve banking and money tied to a fixed cost of living inflation
Establish a sales tax on consumption and imports.
Just one person everyone should be listening to
http://www.youtube.com/watch?v=VCv32qaINIQ
Last edited by JMJ; 01-21-2009 at 07:11 PM.
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