Thursday, December 23, 2010

It's all a managed game to steal intereset from fixed income accounts. In other words, retired folks that have saved all their life are going to get the shaft. Increase inflation, increase taxes, print money, cut benifits, pay the poor for voting them into office. What a bunch of BA-FOONS we are.Anyone who is engaged and paying attention to the activities of our government and those of the leading economic powers of the world know that these policies would lead to inflation. You cannot incure as much debt as we have, print money to cover that debt without having massive inflation. This is why investment in commodities is the rage. The price of those commodities will inflate and this will protect the buying power of the investor. Precious metals are rising at unpresidented levels and there is already shortages as governments themselves are buying gold by the ton! All made necessary because of Keynesian economics. So much for protecting the middleclass. This is another way of bailing out Wall Street.

I am all for the freedom accumulation of wealth, but I am also for the opportunity of the middleclass to reach higher financial success and this is counter productive to say the least!

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