At last we're finally hearing people begin to make sense about Mr. Obama's loony plan to fix America's problems with a multi-year, multi-trillion dollar spending spree financed by borrowed money. People outside the USA wonder where he's going to get all that money. Since they're wondering who's going to pay, evidently they don't plan to pony up the cash. So if not them, who? Not you, surely. Certainly not me. So if there are no chumps willing to buy Mr. Obama's bonds, his only alternative is to crank up the dollar printing press and buy his own bonds with worthless dollars hot off the presses at the Federal Reserve. Inflation will cure America's ills. Borrowing will cure America's ills.
Mr. Obama will finish us off with either crushing debt or crushing inflation or both. And we're just sitting on our behinds watching him do it. You'd better have a family survival plan ready because you will soon need it.
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