justoffal
Senator
While no one was looking.....the Fed made its move to reelect Obama. By effectively declaring that fiscal policy no longer exists and opening the gates of inflationary hell upon the dollar. We will get a slight pressure relief on the debt end that will effectively lay millions of clueless citizens into a false sense of security with the aim of swaying their opinions in November. Mind you this is a short term drug fix and a long term disaster but we have already seen that the American electorate strains to think beyond the immediate and therefore the immediate effect will be that the middle of road voting zombies will see Obama as having filled their immediate needs....not realizing that as soon as he has the election in hand all tie lines to public opinion, public preference and public input will be gone...shut down...eliminated...pissed on....and shuttered.
You will never see this axsshole shake another hand again if he gets reelected. What you will see is the Mr. Hyde incarnation of Obama that will condescend, insult, make fun of and screw even those who think that he's their friend. The Problem is his followers love it...and feel blessed when he shits on them....for instance you can kiss your long term earnings goodbye and don't be fooled by the phony walls street bounce. Additionally China is never going to take this sitting down. The Fed has effectively given the Chinese banks the middle finger.
Between now and next summer....t-bone steak will hit $12.00/lb.....Gas will make it to six bucks....and gold will clear $3,000.00/ounce. I believe you will see China begin to use its growing military muscle to make its displeasure clear also.....dealing in a constantly devaluing pay back currency leaves them basically no other options.
Good luck with all of that.
JO
You will never see this axsshole shake another hand again if he gets reelected. What you will see is the Mr. Hyde incarnation of Obama that will condescend, insult, make fun of and screw even those who think that he's their friend. The Problem is his followers love it...and feel blessed when he shits on them....for instance you can kiss your long term earnings goodbye and don't be fooled by the phony walls street bounce. Additionally China is never going to take this sitting down. The Fed has effectively given the Chinese banks the middle finger.
Between now and next summer....t-bone steak will hit $12.00/lb.....Gas will make it to six bucks....and gold will clear $3,000.00/ounce. I believe you will see China begin to use its growing military muscle to make its displeasure clear also.....dealing in a constantly devaluing pay back currency leaves them basically no other options.
Good luck with all of that.
JO
