Uh oh - Comment - Israel News | Haaretz Daily Newspaper
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    • Mark Lincoln
    • 13.11.10 | 23:49 (IST)

    The republicans are determined to destroy Obama and that will require keeping the US economy in the tank for another two years. They are also determined to increase defense spending and cut taxes. Meanwhile, the democrats are intent upon not cutting social security, medicare and medicade. The Federal Reserve, realizing that helping the republicans win in 2010 has kept the economy in the tank the last year is trying to avoid a double-dip by creating hundreds of billions of dollars of "quantitative easing." America will not be able to grow out of this recession and MASSIVE inflation is very likely in the near future. Which means any nation which is buying dollars is going to end up holding cents.

    from the article: The bank, the buck and the next war
    First published 11:47 12.11.10 | Last updated 11:47 12.11.10
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