POLITICS: Obama’s inflation will break the country

http://www.ibdeditorials.com/IBDArticles.aspx?id=329091224620125

Obama’s Plan For A Debt-Ridden Future
By ERNEST S. CHRISTIAN AND GARY A. ROBBINS | Posted Friday, June 05, 2009 4:20 PM PT

*** begin quote ***

In effect, American families would over time lose an amount greater than an entire year of GDP — a blow far more severe than the damage being done to them by the current recession.

*** end quote ***

Between debt and unfunded liabilities, we are falling further and further behind. Sad to say, we can’t even guess how much we pay in taxes. The politicians have succeeded in hiding and burying taxes in every conceivable manner.

When Obama’s inflation starts, it’ll be too late to react.

Gold! The ancient store of value.

There’s a reason that Jefferson and Jackson were against “central banks” like the Federal Reserve Bank and paper money. Those allow politicians and bureaucrats to hide the true cost of their evil deals.

Imagine how they’d be on the hook, if they could NOT silent tax every dollar in the world with inflation?

Like withholding and corporate taxes, everything gets hidden from view.

# # # # #

Comments are closed.

Follow

Get every new post delivered to your Inbox.

Join 1,053 other followers

%d bloggers like this: