Monday, October 15, 2012

FED DELIBERATELY FIRING UP INFLATION


The Fed believes that inflation will stimulate the economy and add jobs, and it has started a deliberate stimulus to the economy with that in mind.  Investors are wondering how high and for how long such a strategy will take to encourage borrowing, hiring and investment.   

COMMENTS:
Wonderful!  Here we go with another Obama experiment. Other nations are ticked off at this move, because it devalues the dollars we owe them.  Didn't Carter try this dumb move and get us into 20% inflation? 

TODAY’S QUERIES & ANSWERS:
Q. I’m wondering if you think there is any connection between Obama’s lackadaisical performance in the first debate and Biden’s clown routine.  (Efren ~ Scottsdale, AZ) 
A. Well, if they both figure they already have the election in the bag anyway, that could explain it.  But then, the ballot boxes would already be stuffed or the vote counters would already have been bought off, wouldn’t they? 

Q. I cannot believe what we witnessed with Obama, or more particularly with Biden.  These people run our country?  (Marion ~ Jerome, AZ)
A. I can’t believe how many emails I got over Biden’s performance as opposed to Obama’s.  Maybe a lot of people have been hoping Obama would resign or be impeached and Biden would take over; now, they’re shocked.  Can’t you just see Biden pulling those stunts with Vladimir Putin?  Obviously, they look at themselves as being untouchable demagogues; people who can do what they want, when they want and no one had better dare question that fact.  But, I agree with you: I do question it. 

Q. Several top-ranking officials in government are suing Janet Napolitano and Department of Homeland Security for interfering with their legal obligations to enforce the border laws. (Sherrod ~ Glasgow, MT)
A. There has been selective deportation.  The Justice Department will be quick to point out that the number of deportations has increased since 2011; what they don’t tell you is that they are now counting someone who was turned away at the border as being a deportation.  More statistical lies, just like unemployment at 7.8%.  What has come out is that they changed the methodology of determining unemployment; what they are refusing to let out is what the new formula is. 

TODAY’S QUOTE:
“Sunday morning in Arizona is just like Sunday morning in Connecticut, only more bow-legged.” ~ Jack Douglas

TODAY’S VIDEO:  


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