Monday, April 25, 2011

Obama Is Toast

Ben Bernanke helped.  Tim Geithner helped.  But 'I got a thrill up my leg' Obama, 'the most intelligent president we have ever had' should have known better.   He didn't, and now he's toast.

QEII, or the digital printing of money, has doomed this economy to such a degree that there can be no doubt that Obama is going to go down.   He is now in an impossibly tight spot.  If the Fed stops printing money in June as they suggest, we will cascade downhill avalanche style.  If the Fed instead embarks on QEIII, by election time in November of 2012 this country will be in  absolute shambles with inflation bordering on hyperinflation.

HOW will the government pay its bills without QEIII?  With a yearly deficit of $1.6T and projected deficits of nearly that sum, WHO  in this world will lend that kind of money?  Who can?  Certainly not Japan.  China has seen the light and has begun converting dollars to more concrete assets while at the same time buying far fewer Treasury's.  The American people are fighting their own battle against government idiocy, they certainly can't buy boatloads of government debt.   There is no one out there with the ability and will to scoop up continued US debt.  Only the Fed.

That means either we collapse beginning in June or we embark on QEIII prolonging the collapse.
Fat chance to no chance that Obama will allow water to seek its own level if you ask me.

Trump is toast before he even announces.    His arguments are just too easy to shred and in debates the man will lose.  He's a sporty fellow but you can't win the presidency by attacking other countries for the malice of US past and present presidents and its naive citizens.  WE did this to ourselves and WE continue to do it.  WE support the system.  WE support the candidates who make the crappy decisions that doom us.  WE are doing it.  China and Saudia Arabia et al are merely cashing in on our stupidity.   Trump will be fired.




Ron Paul gave an impassioned speech recently, 4 minutes of powerful truth.  He's the smartest man in Washington.    I can only dream of a Ron Paul presidency that isn't going to happen.    Love you Ron Paul and thank you for your unwavering defense of this lost nation.

The 'establishment' runs our government and we shall have an 'establishment' president.  That man is Mitt Romney.   He will be the next president of the United States.  He will serve two terms.

So let the game begin.
We know the score already but the game should be a humdinger.

Let me say what you are saying right now.  Good gawd, good riddance, Obama.
Welcome Mitt.

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