Obama and Your Financial Aspirations (Stealth Socialism)

[cr]

You’re forgetting one thing, Obama is young and fresh. That will make everything work out just fine.

/sarcasm

[bsrsharma]

Dollar losing 1/3 of its value? Against what currency?

In terms of Purchasing power; That is more important than exchange rate per se. With a third (of purchasing power) off, $5 gas becomes $7.50. It is easy to replay 1970’s and see what would happen. Whoever wins, he will be a Jimmy Carter (a helpless and incompetent president) in the eyes of the populace. The best strategic advice any one can give to the candidates – lose this election and avoid becoming a one term failure.

http://www.pcasd.com/the_return_of_the_1970s

[bsrsharma]

Dollar losing 1/3 of its value? Against what currency?

In terms of Purchasing power; That is more important than exchange rate per se. With a third (of purchasing power) off, $5 gas becomes $7.50. It is easy to replay 1970’s and see what would happen. Whoever wins, he will be a Jimmy Carter (a helpless and incompetent president) in the eyes of the populace. The best strategic advice any one can give to the candidates – lose this election and avoid becoming a one term failure.

http://www.pcasd.com/the_return_of_the_1970s

[bsrsharma]

Dollar losing 1/3 of its value? Against what currency?

In terms of Purchasing power; That is more important than exchange rate per se. With a third (of purchasing power) off, $5 gas becomes $7.50. It is easy to replay 1970’s and see what would happen. Whoever wins, he will be a Jimmy Carter (a helpless and incompetent president) in the eyes of the populace. The best strategic advice any one can give to the candidates – lose this election and avoid becoming a one term failure.

http://www.pcasd.com/the_return_of_the_1970s

[bsrsharma]

Dollar losing 1/3 of its value? Against what currency?

In terms of Purchasing power; That is more important than exchange rate per se. With a third (of purchasing power) off, $5 gas becomes $7.50. It is easy to replay 1970’s and see what would happen. Whoever wins, he will be a Jimmy Carter (a helpless and incompetent president) in the eyes of the populace. The best strategic advice any one can give to the candidates – lose this election and avoid becoming a one term failure.

http://www.pcasd.com/the_return_of_the_1970s

[bsrsharma]

Dollar losing 1/3 of its value? Against what currency?

In terms of Purchasing power; That is more important than exchange rate per se. With a third (of purchasing power) off, $5 gas becomes $7.50. It is easy to replay 1970’s and see what would happen. Whoever wins, he will be a Jimmy Carter (a helpless and incompetent president) in the eyes of the populace. The best strategic advice any one can give to the candidates – lose this election and avoid becoming a one term failure.

http://www.pcasd.com/the_return_of_the_1970s

[michael]

The big difference (at least for now) between today and the 70s is the state of labor. The 70s had a highly unionized labor force that would negotiate higher wages for its employess because of inflation concerns. What that did was give the workers money to spend on the higher priced goods which would spur demand and create a vicious cycle when the new inflation would cause unions to renegotiate higher wages.

This time around the work force is not as unionized (thank God) and therefore the consumer lacks the resources to purchase goods. This inturn has an impact on demand and eventually leads to modetaration of inflation.

With Obama and the socialist in control, it’s just a matter of time before they will legislate wages and mess things up even more….

[michael]

The big difference (at least for now) between today and the 70s is the state of labor. The 70s had a highly unionized labor force that would negotiate higher wages for its employess because of inflation concerns. What that did was give the workers money to spend on the higher priced goods which would spur demand and create a vicious cycle when the new inflation would cause unions to renegotiate higher wages.

This time around the work force is not as unionized (thank God) and therefore the consumer lacks the resources to purchase goods. This inturn has an impact on demand and eventually leads to modetaration of inflation.

With Obama and the socialist in control, it’s just a matter of time before they will legislate wages and mess things up even more….

[michael]

The big difference (at least for now) between today and the 70s is the state of labor. The 70s had a highly unionized labor force that would negotiate higher wages for its employess because of inflation concerns. What that did was give the workers money to spend on the higher priced goods which would spur demand and create a vicious cycle when the new inflation would cause unions to renegotiate higher wages.

This time around the work force is not as unionized (thank God) and therefore the consumer lacks the resources to purchase goods. This inturn has an impact on demand and eventually leads to modetaration of inflation.

With Obama and the socialist in control, it’s just a matter of time before they will legislate wages and mess things up even more….

[michael]

The big difference (at least for now) between today and the 70s is the state of labor. The 70s had a highly unionized labor force that would negotiate higher wages for its employess because of inflation concerns. What that did was give the workers money to spend on the higher priced goods which would spur demand and create a vicious cycle when the new inflation would cause unions to renegotiate higher wages.

This time around the work force is not as unionized (thank God) and therefore the consumer lacks the resources to purchase goods. This inturn has an impact on demand and eventually leads to modetaration of inflation.

With Obama and the socialist in control, it’s just a matter of time before they will legislate wages and mess things up even more….

[michael]

The big difference (at least for now) between today and the 70s is the state of labor. The 70s had a highly unionized labor force that would negotiate higher wages for its employess because of inflation concerns. What that did was give the workers money to spend on the higher priced goods which would spur demand and create a vicious cycle when the new inflation would cause unions to renegotiate higher wages.

This time around the work force is not as unionized (thank God) and therefore the consumer lacks the resources to purchase goods. This inturn has an impact on demand and eventually leads to modetaration of inflation.

With Obama and the socialist in control, it’s just a matter of time before they will legislate wages and mess things up even more….

[robyns_song]

It’s nice that he’s throwing in free childcare. Afterall, we’ll need everyone to work in order to pay for all of these “freebies”. We wouldn’t want anyone staying home to care for their kids.

[robyns_song]

It’s nice that he’s throwing in free childcare. Afterall, we’ll need everyone to work in order to pay for all of these “freebies”. We wouldn’t want anyone staying home to care for their kids.

[robyns_song]

It’s nice that he’s throwing in free childcare. Afterall, we’ll need everyone to work in order to pay for all of these “freebies”. We wouldn’t want anyone staying home to care for their kids.

[robyns_song]

It’s nice that he’s throwing in free childcare. Afterall, we’ll need everyone to work in order to pay for all of these “freebies”. We wouldn’t want anyone staying home to care for their kids.

[Author]

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