“I want you to listen carefully to what Mitt Romney said is the biggest problem in our country. A response to a question – read what Romney says about the Federal Reserve.
“Yeah, it’s interesting…the former head of Goldman Sachs, John Whitehead, was also the former head of the New York Federal Reserve. And I met with him, and he said as soon as the Fed stops buying all the debt that we’re issuing—which they’ve been doing, the Fed’s buying like three-quarters of the debt that America issues. He said, once that’s over, he said we’re going to have a failed Treasury auction, interest rates are going to have to go up. We’re living in this borrowed fantasy world, where the government keeps on borrowing money. You know, we borrow this extra trillion a year, we wonder who’s loaning us the trillion? The Chinese aren’t loaning us anymore. The Russians aren’t loaning it to us anymore. So who’s giving us the trillion? And the answer is we’re just making it up. The Federal Reserve is just taking it and saying, “Here, we’re giving it.’ It’s just made up money, and this does not augur well for our economic future.
You know, some of these things are complex enough it’s not easy for people to understand, but your point of saying, bankruptcy usually concentrates the mind.”
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The 47% referred to by the Marxist media, are being led around like a Holstein bull with a ring in his nose. Once this dirt cloud blows through, that the politicians in America have created . What will America look like once the dirt settles, or will it ever settle? Oil was has 93 plus this morning. Diesel which is a by-product of the productions of gasoline is 4.25 to 4.40 per gallon. Gas should be 1.50 and Diesel should be $1.10. If Romney wants to win, he should come out and say he will remove speculators from the commodity market. Fuel should go from the refinery to the distributor to the vendor ,period. If your going to bid on fuel, you must take possession of that product. Also , not one gallon of our petroleum products should be allowed to be exported.
The idiots that want to see European fuel prices in the U.S. should learn that state taxes , in Europe , on fuel have led directly to the collapse of the European economy. Because it led to an entitlement society.. It’s a failed model on its face.
Bernanke is driving up the price of fuel , and everything fuel touches,by inflating the dollar, making it worthless. This idiot should be tarred, feathered and shipped to some island where he can do no more harm to the American economy or society.
Two hundred and eight coal fired electric plants are scheduled to close by the end of the year. These fools that are going to vote for obama, better stock up on candles and kerosene!.
Its time to play hardball Mitt!!! Start running your own campaign, or we will lose this country.
TAS.
