
Remember the celebration ? Remember the claims that Obama was going to “pay the bills“? How’s that work’in out for ya there America? I thought we weren’t going to see the same ‘ol politics, the same ‘ol policy and the same ‘ol partisan bickering. Instead that’s exactly what we got and then some.
Barack just got done explaining yesterday on CSPAN that the US is broke. (and it has nothing to do with his plans for health care). Instead, what he should have said is, it has nothing to do with health care YET.
Dead Beat Barry knows we’re broke but he continues to approve trillions of new green-backs and spending at a rate NEVER BEFORE SEEN! According to Gallup’s daily approval rating 62% of us are ok with all of this. So what is our prize after 3 years of a Democratically controlled House and Senate and a newly anointed messiah? Ever hear of “hyperinflation”?
In economics, hyperinflation is inflation that is very high or “out of control”, a condition in which prices increase rapidly as a currency loses its value. The main cause of hyperinflation is a massive and rapid increase in the amount of money, which is not supported by growth in the output of goods and services. Hyperinflation effectively wipes out the purchasing power of private and public.
The consequence of being reckless with this countries currency is hyperinflation and it IS coming. Good news, our government is going forward with it’s big government spend spend spend agenda and that is something that wasn’t inherited no matter how you spin it! God knows we need health care but who says spending trillions on government health care is going to be good for our money situation in the long run. Are we going to save more than we spend? We have a serious debit issue that they all claim to be concerned about yet they’re actions don’t coincide with their actions.
The worst news yet is we may lose our AAA rating. Check out the below Beck video for an explanation as to what losing this would mean for this country.
So we’ll have bad credit. This country will be a risky investment. The banks wont want to give us credit but will at very high interest. Our debit is out of control. How does a 21% interest rate sound for your future mortgage? I don’t seem to remember this happening under Republican control do you ? Are you feeling the new hope and change that was promised? Below is a list of the past weeks headlines. Things haven’t gotten better, they’ve become worse. Open your eye’s America your Democrats have sold you out faster than any previous regime. Happy Memorial Day, enjoy one of your last affordable holiday weekends.
More from the MSM:
Jobless Claims Set Another Record
CBO: Unemployment will keep rising through 2010
Michigan rate reaches 12.9%
Day of reckoning for US dollar
U.S. to lose AAA debt rating
Recession Turns Malls Into Ghost Towns
Dollar Falls
Fed President Says Inflation to Increase
GM Bankruptcy: As Early As Next Week
China and Brazil going to dump the dollar?
Tags: health care, hyperinflation, money, We're Broke
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And Obama thinks that AIG was run poorly.
Yes, talk about the pot calling the kettle black. This group thinks nobody can run anything better than them, the problem is they don’t really answer to anyone. Well they do but by the time the next election rolls around our short term memory with the help of the MSM will make this all look rosy.
Oh and remind us that it’s all Bush’s fault.