Monday, June 20, 2011

Economic Imbeciles

The economy is a major disaster, and although the arrogant rhetoric coming from the Obama administration says we are in recovery, we are not. Check this out from American Crossroads:



This cast of characters under BHO are not fixin a hole, they are continuing to dig it while burying us in it. They would not know the Laffer Curve if it rang the front doorbell.

Families are hurting. Many are getting booted from their homes, and the backlog of foreclosures is lengthy, postponing the return to a normalized real estate market. The dollar is extremely weak, and as we know from Reaganomics, sound money inclusive of a strong dollar is necessary for a healthy economy.

Investors do not know where to turn, although my bias in real estate wonders if a return to a tangible asset other than gold is appropriate.

Currently, sound thinking Americans and investors fear our government. DOW 20,000 and a strong wave of prosperity awaits a return to free market principles by a government that fears the people. Coming in November 2012.

1 comment:

Dan Bowers Jr said...

Hey, I'm not sure that imbecile is the right word. In your comments you ASSUME that the leadership's intentions are noble. I do not give them one inch in that argument. I believe that they are extremely smart. They are doing exactly what they need to do to make this country fall, as we know it. So, unlike our conservative leaders, "The One" and his cronies are ACCOMPLISHING what they set out to do.