With Bernanke National Bank and Trust cranking up the printing presses yet again (“QE3”) in a desperate attempt to save Commie Obamie from defeat in November, the question is whether or not it will work. The truth is that no one can know for certain, because there are too many disparate factors at play.
While I agree that flooding the marketplace with fiat currency in order to keep the redistribution-of-wealth machine humming should, in theory, temporarily boost the economy, it may be too late this time around. Why? Because too many Americans now realize that the United States is irreversibly trapped in the Great Obamapression.
Even those who pay little attention to what’s going on in government or the economy understand that the size of the national debt has already assured that their children and grandchildren are going to be saddled with a bill they can never pay. They also realize that no matter how many times the Commander-in-Debt blames the guy who was president three-and-a-half years ago — let me repeat that, three-and-a-half years ago — the national debt has increased by nearly $5 trillion since he took office.
Bottom line: A stunning majority of Americans no longer believe that Chairman Obama and his legion of Obamaviks can do anything to improve the economy. And a majority of that majority believe that Valerie Jarrett’s wussy house boy, while well meaning, simply doesn’t know what he’s doing.
But even those who believe the O’Reilly fantasy that Obama is just in over his head are beginning to ask, “But if he doesn’t know what he’s doing — if he can’t fix the problems caused years ago by satanic George Bush — why should he be sitting in the Oval Office? Wasn’t he elected to fix things?”
Of course, a significant percentage of us hopeless conspiracists still believe it is Commie Obamie’s objective, and has been from day one, to destroy the U.S economy and transform America into a collectivist utopia.
We also believe that no matter how hard he tries to fake his true identity and his real intentions, mommy and daddy’s Marxist blood runs so strongly through his veins that he can never resist the urge to violate the Constitution and push his collectivist ideas even when his handlers are wincing and telling him he’s hurting his own reelection chances.
Now, let’s all sit back and enjoy the river of money coming our way, courtesy of Bernanke National Bank and Trust, while watching Commie Obamie smooth talk his way out of Fast and Furious, the White House security leaks, and endless other scandals coming soon to a theater near you.
You have permission to reprint this article so long as you place the following wording at the end of the article:
Copyright © 2019 Robert Ringer
ROBERT RINGER is a New York Times #1 bestselling author and host of the highly acclaimed Liberty Education Interview Series, which features interviews with top political, economic, and social leaders. He has appeared on Fox News, Fox Business, The Tonight Show, Today, The Dennis Miller Show, Good Morning America, The Lars Larson Show, ABC Nightline, and The Charlie Rose Show, and has been the subject of feature articles in such major publications as Time, People, The Wall Street Journal, Fortune, Barron's, and The New York Times.
To sign up for his one-of-a-kind, pro-liberty e-letter, A Voice of Sanity, Click Here.
Comment Policy: We encourage an open discussion with a wide range of viewpoints. Make your case passionately, but please keep your comments civil and to the point (maximum of 1500 characters). Obscene, profane, abusive, or off-topic comments will be deleted. Repeat offenders will be blocked.
If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion. Thanks for your participation.