I don’t know if Ron Paul is the answer, but the author is dead on in Bernanke’s criminal mismanagement of our currency. He just dropped the federal funds rate ANOTHER quarter point today, and claims to be ‘’moderate’’ because some people wanted a half point cut.
I don’t know when we decided to model our currency management on that of Nigeria, but it’s an indisputable fact that the dollar has lost sixty percent of its value against the Euro in the past five years or so. Sixty percent. And there have been no fundamental changes in the U.S. economy in that time.
Our massive overspending has a lot to do with that, but the managers of the federal reserve banks deserve tarring and feathering, not cushy unaccountable bank jobs. If anyone wants someone to blame for their $3/gallon gas, they should know just where to look.
We’re getting the same BS economic arguments we got in the ‘70’s. Gold is the only true money, we’re told. The economy is on the verge of collapse. Blah, blah, blah. I’ve lived long enough to discover there’s nothing new under the sun.
Why in the hell did the mod pull this thread originally?
BTW, I saw my first Paul 08 bumper sticker today
Wow! I needed a good laugh.
Anyone else think Bushfaltion is a funny word, reminds me of Hillary for some reason.
Has there ever been a good, cheap war?
Oh pulllease ping.
Ron Paul will bring back bell bottoms, leisure suits and the Ford Pinto.
all Hail Ron paul
Can you name me one specific harm which has happened to you as a result of your alleged ‘Bushflation.’
I don’t mean the ‘deficit is high’ or ‘US debt is too big at XX’ — those are just numbers that chicken-littles have been gnashing their teeth at for the past 40 years.
I mean ONE specific awful thing that happened to YOU or a family member that has been caused by the current economic policy.
With job creation at record highs, the stock market at record highs, with the US and world economy booming, with gasoline at a reasonable $2.50 a gallon (all you can buy), with the success in Iraq and elsewhere -— I am asking for just ONE itsy bitsy harmful thing caused by this so-called Bushflation.