2 thoughts on “Food for Thought – 26 February 2012”
Print more money, Kiss ass and then blame others —what’s new folks ?
Technically, the current president is only partly responsible.
The price of gas is not high, compare it to gold.
The value of the dollar is low.
The Congress (over the last few decades) is mostly responsible for the deficit that is now being financed by the Fed buying treasuries (i.e. printing money)
Even if Obama was interested and capable of leading on cutting spending, I do not think Congress would follow.
The earlier high gas prices were more Bush’s responsibility, because they were partially a side effect of the Iraq war. (yes, and China+India increased use of oil)
Print more money, Kiss ass and then blame others —what’s new folks ?
Technically, the current president is only partly responsible.
The price of gas is not high, compare it to gold.
The value of the dollar is low.
The Congress (over the last few decades) is mostly responsible for the deficit that is now being financed by the Fed buying treasuries (i.e. printing money)
Even if Obama was interested and capable of leading on cutting spending, I do not think Congress would follow.
The earlier high gas prices were more Bush’s responsibility, because they were partially a side effect of the Iraq war. (yes, and China+India increased use of oil)