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Terrorist 1, US 0
Well this week it seems the government came close to their goal of setting a terrorist free. I know that the AG promised the American people an execution, but with his track record of snatching defeat from the jaws of victory you have to wonder about their true goals. These are the people who want us to believe that they are totally committed to the protection of the American people while condoning voter intimidation. The President, while doing an interview targeted at Foreign Nationals, declared that the American people were enemies. His Administration has sued the State of Arizona to protect those Foreign Nationals who continue to invade our country with little fear.Please Support Our Sponsors |
Ben Bernanke Captains QE2 Forward
Captain Bernanke defended the monetizing of the debt this week. It seems that the idea is to lower the value of the dollar to lower interest rates. Since interest rates are near zero you need to understand that it is not the interest rate that they are lowering. It is the effective rate. That means that as they lower the value of the dollar it is easier to repay our foreign debt, since the exchange rate changes. No matter how they paint this action, it will inflate the cost of all imports. It will cause a trade war if they continue it. It will lower the standard of living for all Americans and damage the entire world.Instead of admitting that we must reduce spending and institute rational tax policies, the Democrats are only interested in class warfare and crashing the American economy. They continue policies that history has shown are suicide for a nation. They seem to think that they are smarter and can somehow repeat the mistakes of the past and get another outcome. That is the clinical definition of insanity. But steaming full speed ahead through a field of icebergs is not a sane act. At least the Titanic attempted turn away not ignore the iceberg, while assuming that they can go through it with no damage.
©2010 Pedro Sykes - Some Rights Reserved
This work is licensed under a Creative Commons Attribution 3.0 Unported License.
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