Saturday, August 6, 2011

USA Downgraded!

Obama Promises Things Will Get Better
Yesterday (before the downgrade) Obama had this to say: "What I want the American people and our partners around the world to know is this: We are going to get through this. Things will get better and we are going to get there together."

Since Standard and Poors downgraded the USA, Obama has been lying low at Camp David. One thing for sure. This downgrade reflects the failure of Obama's economic policies and the failure of Congress to get serious about fixing it.

Fire the Treasury Secretary
Tax cheat, Tim Geithner (Treasury Secretary) was quoted as previously saying the US would not receive a downgrade. Looks like Geithner was WRONG AGAIN. Geithner has been buying our debt from Ben Bernanke (Federal Reserve Chairman who prints money from thin air). These two called this process "Quantitative Easing" or QE 1 & QE 2.

Quantitative Easing is a euphemism for INFLATING the dollar! This explains why your food, clothing, and gasoline prices have been at record highs. INFLATION caused by printing and buying our own debt (The process is called "monetizing debt).

Isn't it time we finally hold Tim Geithner responsible for HIS actions? He never paid his income taxes owed until Obama gave him his job! Then for the past 30 months, he has bought our own debt causing record inflation.

Action To Take
Dump Geithner! Stop buying our own debt! Stop printing money out of thin air! Return to the GOLD standard! Audit the Federal Reserve Bank.

Ask yourself this question: Why is Congress on Vacation until mid-September?

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