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Eisboch[_4_] Eisboch[_4_] is offline
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First recorded activity by BoatBanter: Dec 2008
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Default Trade War!! With Canada?


"jim7856" wrote in message
...
Wizard of Woodstock wrote:
And just think - the "adults" are in charge.

I think I'd rather have the kids.

http://www.washingtonpost.com/wp-dyn...051404241.html

When the histories are written, the Obama Administration will be known
as "The Unintended Consequences Admininstration".


That is if the current administration doesn't issue a book burning order.

And none of those consequences are going to be good.


Well! at least his heart is in the right place. Isn't it? I think he
should hire Mitt Romney to help him out with business and financial
matters.




Was just watching Congressman Ron Paul being interviewed on Morning Joe.

Scarborough read a document written by Paul back in 2003 in which he
accurately and precisely predicted the current economic condition, including
the housing bubble burst, the activities of government sponsored mortgages
for non-qualified buyers, the phony blaming of capitalism as the "problem"
and on and on. Again, this was in 2003.

He said he recognized the potential as far back as 1971 when we went
de-linked the dollar from gold. He blames big government, phony
"oversight" that supports pork barrel programs and winks and nods by members
of Congress.

But, disturbingly, he is now very concerned that the US dollar is going to
collapse due to debt and trade deficits.
He doesn't paint a very optimistic picture. He says that if we continue on
our current path, trying to spend our way out of this problem that the
dollar *will* collapse and the ramifications for all of us will make the
current economic problems look minor in comparison.

He advocates a complete and total dismantling of government, eliminating all
"Department of ......." whatever, other than those identified as necessary
in the US Constitution.

People thought he was a nut-case when he was running for President. They
aren't laughing now.