Sunday, October 28, 2012

Obama killing middle class and poor?

He should have said something sooner.

Can you borrow millions of dollars at zero interest and loan it out with interest? At 5% that would be $50k a year for each million.

If that were not enough, could you then just print yourself more money?

Einstein once said, "compound interest is the most powerful force in the universe." At least, that's what financial planners like to tell us. What is that force when your savings are earning zero percent?

The real cost of living has about doubled during Obama's term in office. How does that affect the middle class and poor? Does Bernanke have anything to do with that?

Obama claims to represent the non-rich but has been a disaster for them. Why do people keep buying his lies?

Historically the inflation rate has been about 7%. During Obama it's been closer to 20%.

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