Obama's CURRENT $3 Trillion Dollar Budget falls $1.3Trillion short of anticipated taxes. The FED has proposed printing more money so it can purchase our dept in the form of Treasury Bills (thereby monetizing our debt).  This will lead to the devaluation of everyone's dollars and ultimately hyperinflation!  When dollars are worth less, the cost of goods and services ultimately go up, passing the increased overhead onto the consumer.  All of this new spending proposed by the Obama Adminsitration will result in an additional $1.3 Trilllion to be added to our nationa debt (currently over $15 1/2 Trillion)

http://www.foxnews.com/politics/2010/10/15/government-set-announce-second-year-t rillion-plus-deficit/

Are the American people ready to tell Obama and the Congress to stop spending our money?????    (and yes, I know that Bush did it too....Newsflash- That's old news; now were going over the cliff!)

Quote from: wally on October 15, 2010, 07:41:12 AM
Obama's CURRENT $3 Trillion Dollar Budget falls $1.3Trillion short of anticipated taxes. The FED has proposed printing more money so it can purchase our dept in the form of Treasury Bills (thereby monetizing our debt).  This will lead to the devaluation of everyone's dollars and ultimately hyperinflation!  When dollars are worth less, the cost of goods and services ultimately go up, passing the increased overhead onto the consumer.  All of this new spending proposed by the Obama Adminsitration will result in an additional $1.3 Trilllion to be added to our nationa debt (currently over $15 1/2 Trillion)

http://www.foxnews.com/politics/2010/10/15/government-set-announce-second-year-t rillion-plus-deficit/

Are the American people ready to tell Obama and the Congress to stop spending our money?????    (and yes, I know that Bush did it too....Newsflash- That's old news; now were going over the cliff!)

Welcome, Friend Wally, to the domain of the Doom and Gloomers. ;D