11/15/2010

Wolfman World View: QE2


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Kindle Wireless Reading Device, Wi-Fi, 6" Display, Graphite - Latest Generation


Norcold Inc. Refrigerators DC-0040 DC Refrigerator


I had a Norcold DC refrigerator in my truck. I could be turned down to freeze if desired. I had it for years, and I plugged it into the cigarette lighter. Hover over the link above to see display.


Obama says that he is not trying to devalue the dollar. Those are only words.
The reality is: The dollar has decreased in value by 15% since January 2010. It is highly likely that the dollar will decrease 20% more in coming months; not years.
Link
Now, do you trust Obama?
Alan Greenspan
Alan Greenspan has publicly disagreed with Quantitative Easing; printing money.
    Greenspan: "America is also pursuing a policy of currency weakening. The suppression of the renminbi and the recent weakening of the dollar are, of necessity, producing firming exchange rates in the rest of the world to, as they see it, the rest of the world’s competitive disadvantage." Geithner: "The US will never do that. We will never seek to weaken our currency as a tool to gain competitive advantage or to grow the economy."
What is happening? Do Geithner’s words match the real life decline in the value of the dollar?
These two Democrats, Obama and Geithner, have no conscience or honor. They will say anything.
Soros is behind the whole scheme. Obama and Geithner are doing his bidding. Democrats are doing Soros’ bidding.
Soros is making tons of money as Obama and Giethner look on smiling.
Are you smiling?