Tuesday, February 3, 2009

You'd Better Get Ready! Here Comes "O-flation!"

By Bill Porter

President Obama is opting for the easy out and is willing to drastically devalue the American dollar. By simply printing money instead of stimulating the four trillion dollars of real money that is currently parked in money markets accounts, Obama is following in George Bush's foolish footsteps.

Where is the change? Have all of the economists left the country? Where is the outrage? Every dollar of phony printed currency is 100% pure "O-flation." The amount of new phony money is unprecedented. Inflation will soon make the Jimmy Carter years look tame. The new wave of inflation will be the worst in U.S. history, for Obama is creating something so new and so bad... senior citizens on a fixed income and the poor will be devastated.

This is the exact scenario that created the conditions that led to WWII. Backdoor taxation ("O-flation") is cowardly and morally reprehensible! There are real options that would stimulate the real money in our economy and not send hundreds of Congress people on a wild and reckless spending spree.

Call your Senators and Congress people before it's too late and "O-flation" arrives! [more...]

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