Weird Al Yankovic
I Lost On Jeopardy
Well, well, well, lookee here. Fed Chairman Bernanke has finally figured out that the Messiah's outrageous deficits just might have a a negative impact on economic growth:
Now, we all know that Obama has absolutely no intention of cutting spending, other than for the military, of course. So that leaves the options of raise taxes, or keep spending (and borrowing) until the economy totally implodes.
My best guess is he will start down the pathway of keeping spending but will eventually adopt some confiscatory tax rates to prop up his budgets. Either way, those who have managed to save a dollar here and there over the years can kiss them goodbye. You will lose purchasing power indirectly through hyperinflation, or directly through confiscatory taxes.
If you think I'm exaggerating, go ask Hugo Chavez. Hugo thinks both he and Castro are likely more conservative than Obama.
~ 3 Wood
Chavez Jokes He Is More Right-Wing Than 'Comrade' Obama
Obama's Red Chorus
THIS JUST IN:
Text of Obama's speech in Cairo