Now I am all for conspiracy theories, but this one does have legs on it. Is Obama intentionally and single-handedly (albeit with a little help from his friends - Pelosi, Reid, Frank, Dodd) tanking the economy?
Honestly, this isn't as far-fetched as you may think. A quick look at the facts reveals the following: raising taxes on business and entrepreneurs, hiring tax cheats, a plummeting stock market, the passage of the porkulus bill, a proposed a carbon cap-and-trading scheme, the destruction of charitable contributions - and I haven't even named everything. Plus, Obama has seemed to have pulled it off almost flawlessly over the last 6 weeks since he came into office.
When Gasoline is $100 per Gallon
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Photo Credit:Gas pump
jlee via wikim cc4
Inflation, as Milton Friedman taught, is always and everywhere a monetary
phenomenon.
21 hours ago
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