Thursday, June 18, 2009

Domino Effect

If you think the Democrat-caused “economic slowdown” isn’t going to effect your life because you don’t have “investments,” think again. How do you think the loss of ALL chain stores in Detroit will affect the populace of Detroit? They’re gone because there is no longer an “auto-making business” in Detroit (to speak of) and thus thousands fewer possible customers, since they’re unemployed. And you can trace it all back to the “Citizen’s Reinvestment Act of 1976,” a Democrat-controlled Congress passed, Democrat president (Jimmy Carter) signed law FORCING lenders to loan money to deadbeats. This law was STRENGTHENED later by ANOTHER Democrat-controlled Congress, and THAT was signed into law by ANOTHER Democrat president (Bill Clinton). This law was an “exercise in stupidity” designed, and produced for the purpose of CREATING an “economic slowdown” toward the end of George Bush’s administration, creating an atmosphere in which Democrat Obama could be elected president (while nobody really knew what he stood for) and many other Democrats elected or re-elected to Congress, which, effectively created a “bloodless coup” that allowed the Democrats to “retake” the U. S. government so they could finish the job of making this into a socialist country.

Obama and his accomplices are working fast, spending money they don’t have like water, PRINTING money apace, (which will soon create double-digit inflation). Such inflation is a “hidden tax increase,” and is patent THEFT of America’s money since it makes every dollar in existence worth LESS. So even if you don’t have “investments,” you’re going to be effected by this, if nothing more than your “nest egg” (and all your other money) being worth a lot less when you go to use it. You’re also going to get massive tax increases, and don’t believe Obama’s lies when he says NOBODY with an income under $250,000 (or whatever number he’s using this week) will get one. Remember the government lyingly told us the federal INCOME tax would not be paid by more than 3% of the people, so as to “suck us into” allowing it. Now they’re auditing WAITRESSES and taxi drivers for a “cut” of their TIPS! Never believe the government when they say “only the rich will have to pay.” That’s a LOAD! And a BIG one. Our GRANDCHILDREN and THEIR grandchildren will have to pay for this. I keep writing this over and over, but get no response, even from "the choir," who are my audience. When are they going to realize (in Washington) that this is so and DO something about it? (Yahoo News/Finance)

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