The Federal Reserve's Drive to Inflation

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THE GOOD NEWS IS...

Now we have 3 tenths of 1 percent more people working for minimum wage, property values have been slashed over 50% in most areas, gas has gone up 84% since Obama began closing down reliable sources of energy, Obama's domestic job czar, Jeff Immelt, has just sent 100,000 more jobs to China (You can't make this stuff up), Apple and Microsoft plan on sending more than 75,000 more jobs to China (they've already put 90% of their production in China - 350,000 workers), Obama's "Keystone vote whoring" will cost another 5000 jobs and mean increased energy prices, the EPA now wants to regulate "farm dust" ( and just about everything else you can name), Obama gave Brazil 10 billion bucks so they could hire people to drill for oil then he closed down the Gulf oil industry and fired another 10,000 American workers and, of course, all of which means higher energy prices, and he wants to raise capital taxes to 30% (that will certainly joke off any remaining investment in American companies.

Why worry? Another 4 years of BHO and there will be nothing left to worry about.

R.L. Schaefer of CA 5:50PM February 06, 2012

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Economic Intelligence

Insights, perspectives, and commentary on the economy. Follow it on Twitter @EconomicIntel.

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