Fed Pimps for Obama – Results in Higher Gas and Groceries

September 21, 2012 09:09

Only the naive and community organizers think that you you can print money out of thin air without consequences. After almost four years of suicidal economic policies there is panic at the Fed. Just keep creating money, maybe something will happen!

Meanwhile Obama rope a dopes the electorate with constant diversions from his Nobel prize winning appeasement and apology foreign policies that have set the Middle East ablaze, and his disastrous economic polices that have given us 43 months of high unemployment, more wealth disparity, record spending, record debt, record deficits, record food stamp use, 2 million fewer people working, record unemployment among minorities, lower household incomes, billions in political payoffs, illegal tyrannical actions ignoring the congress, all while setting a record for rounds of golf. Can we stand four more years of national suicide?


“Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes. A substantial part of the confiscation is effected by taxation.
But the welfare statists were quick to recognize that if they wished to retain political power, the amount of taxation had to be limited and they had to resort to programs of massive deficit spending, i.e., they had to borrow money,by issuing government bonds, to finance welfare expenditures on a large scale.” – Alan Greenspan, former Federal Reserve Chairman

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