Obama’s Economic Humpty Dumpty Falls!

The US Dollar Cares not for TV Face Time

When Humpty Dumpty fell off the wall that was the end, even if you are Barrack Hussein Obama Comrade President of the United States, with more face time on TV news than the host of any news show, the US economy cannot be put back together again under a socialist regime.

There are basic economic factors that any economy throughout history has used to steal from its subjects, all in the name of the state, that have broken the economic rules that society and the state must live by.  By breaking these basic natural rules upon which politics has no influence, that nation is doomed to financial oblivion.

From ancient Rome to modern day America you cannot do the following and survive as a viable nation:

• As stated last month by S&P government debt was 100% of GDP
• Public borrowing cannot exceed the nation’s ability to repay
• In a depression a Nation cannot tax the poor by increasing the price of their food, clothing and transportation by cap and trade global warming taxes upon the gaseous omissions of their livestock and transportation in the name of clean air.
• Government cannot steal Banks, Insurance Companies, Car Companies from the same noblemen and bond holders they intend on taxing, telling them it is their patriotic duty on behalf of the State’s new social fascist order to submit and expect them to willingly pay.
• When Federal income tax revenues for the prior year fall by 44% it is not a good idea for the Fed to start printing money and buying the treasury’s debt.  This will cause the value of the currency to drop and be worthless.  When this happens there is nothing a nation can quickly do to stop inflation of its currency

On fears of recession and depression the US dollar rose to $90.00 in March 2009.  Since that time the dollar has continued to drop and is today at $78.40, indicating that decisions of the Fed and Treasury are causing the dollar to rapidly lose value.  If the dollar does not make a significant attempt to stop the downward trend THIS WEEK the economy is seriously headed for hyperinflation due to the Obama economic policy, no matter how much he wants to blame Bush, Humpty Dumpty has has a Great Fall and has not his bottom yet!