Home › Forums › Financial Markets/Economics › Obama and Your Financial Aspirations (Stealth Socialism)
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July 30, 2008 at 9:02 AM #13461July 30, 2008 at 9:13 AM #248954bsrsharmaParticipant
He can dream all he wants. This is reality – Federal deficits starting half a trillion $ and may approach a trillion by 2012; $ will probably lose another third of its value – inflation touching 10%. Gas will approach $8. Now, where will be the money for all that “dream” & “hope”? He will have great difficulty in ensuring Social security & Medicare checks don’t bounce. The worry for the next administration is Bankruptcy, not how to plan a Fiesta.
July 30, 2008 at 9:13 AM #249192bsrsharmaParticipantHe can dream all he wants. This is reality – Federal deficits starting half a trillion $ and may approach a trillion by 2012; $ will probably lose another third of its value – inflation touching 10%. Gas will approach $8. Now, where will be the money for all that “dream” & “hope”? He will have great difficulty in ensuring Social security & Medicare checks don’t bounce. The worry for the next administration is Bankruptcy, not how to plan a Fiesta.
July 30, 2008 at 9:13 AM #249180bsrsharmaParticipantHe can dream all he wants. This is reality – Federal deficits starting half a trillion $ and may approach a trillion by 2012; $ will probably lose another third of its value – inflation touching 10%. Gas will approach $8. Now, where will be the money for all that “dream” & “hope”? He will have great difficulty in ensuring Social security & Medicare checks don’t bounce. The worry for the next administration is Bankruptcy, not how to plan a Fiesta.
July 30, 2008 at 9:13 AM #249123bsrsharmaParticipantHe can dream all he wants. This is reality – Federal deficits starting half a trillion $ and may approach a trillion by 2012; $ will probably lose another third of its value – inflation touching 10%. Gas will approach $8. Now, where will be the money for all that “dream” & “hope”? He will have great difficulty in ensuring Social security & Medicare checks don’t bounce. The worry for the next administration is Bankruptcy, not how to plan a Fiesta.
July 30, 2008 at 9:13 AM #249117bsrsharmaParticipantHe can dream all he wants. This is reality – Federal deficits starting half a trillion $ and may approach a trillion by 2012; $ will probably lose another third of its value – inflation touching 10%. Gas will approach $8. Now, where will be the money for all that “dream” & “hope”? He will have great difficulty in ensuring Social security & Medicare checks don’t bounce. The worry for the next administration is Bankruptcy, not how to plan a Fiesta.
July 30, 2008 at 10:08 AM #249171michaelParticipant$8 gas – not likely due to slowing global demand. Dollar losing 1/3 of its value? Against what currency? Against the Euro? Yen? Don’t think so. Perhaps against an emerging market basket of currencies.
Either way, you can expect higher taxes with Barack “Marx” Obama .
July 30, 2008 at 10:08 AM #249178michaelParticipant$8 gas – not likely due to slowing global demand. Dollar losing 1/3 of its value? Against what currency? Against the Euro? Yen? Don’t think so. Perhaps against an emerging market basket of currencies.
Either way, you can expect higher taxes with Barack “Marx” Obama .
July 30, 2008 at 10:08 AM #249012michaelParticipant$8 gas – not likely due to slowing global demand. Dollar losing 1/3 of its value? Against what currency? Against the Euro? Yen? Don’t think so. Perhaps against an emerging market basket of currencies.
Either way, you can expect higher taxes with Barack “Marx” Obama .
July 30, 2008 at 10:08 AM #249234michaelParticipant$8 gas – not likely due to slowing global demand. Dollar losing 1/3 of its value? Against what currency? Against the Euro? Yen? Don’t think so. Perhaps against an emerging market basket of currencies.
Either way, you can expect higher taxes with Barack “Marx” Obama .
July 30, 2008 at 10:08 AM #249246michaelParticipant$8 gas – not likely due to slowing global demand. Dollar losing 1/3 of its value? Against what currency? Against the Euro? Yen? Don’t think so. Perhaps against an emerging market basket of currencies.
Either way, you can expect higher taxes with Barack “Marx” Obama .
July 30, 2008 at 10:10 AM #249176crParticipantYou’re forgetting one thing, Obama is young and fresh. That will make everything work out just fine.
/sarcasm
July 30, 2008 at 10:10 AM #249017crParticipantYou’re forgetting one thing, Obama is young and fresh. That will make everything work out just fine.
/sarcasm
July 30, 2008 at 10:10 AM #249183crParticipantYou’re forgetting one thing, Obama is young and fresh. That will make everything work out just fine.
/sarcasm
July 30, 2008 at 10:10 AM #249239crParticipantYou’re forgetting one thing, Obama is young and fresh. That will make everything work out just fine.
/sarcasm
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