People have more faith in dynamic economies that are entrepreneurial in nature and business friendly: this type of environment promotes economic growth and expansion. Thus such a business focused country appears healthy to the rest of the world or more importantly to those who invest in currencies.
Socialist countries have never inspired international investment because of a record of dismal performances in the past. Previously, despite weak and ineffectual leadership from some of our presidents and legislatures, the US has been considered the most dynamic economy in the world, since WW I.
The Obamanation has intentionally destroyed that image. It has been the intention of this administration to weaken the industrial base and economic vitality of the US so that we will no longer be considered an economic or military super power in the world.
Obama’s Four Year Plan has been extremely successful in accomplishing its plan for neutralizing the US economy and bringing the country to its knees. He has succeeded in transferring a high percentage of America’s wealth to other countries, even to our enemies. His blatant displays of profligacy, while displaying the work habits and ethics of a dilettante is meant to demoralize the public and emphasize a false sense of royalty or demigod status as a perception among the American people.
If he can win reelection, the Second Four Year Plan will be implemented in full force with no mercy or quarter shown the American people. This final stage will be devaluation of our currency, a prelude to runaway inflation. It will be programmed and presented in such a way that it is the only solution for servicing our international debts. Basically our dollar becomes worth less so that we find paying a $1,000 debt is much easier if a $100 bill is worth only $20. Thus in reality, our $1,000 is now really only $100 because the dollar equivalency is 20% of its former value. It seems so practical and simple, why haven’t we already devalued our currency. Actually the process has already started by printing excessive amounts of US dollars. China has seen the situation and has already bailed.
There are inherent problems with this simple debt paying scheme. The dollar only has the value assigned to it by international monetary markets, but a gallon of fuel, a can of beans, an ear of corn have real have real value and the can of beans will now cost six dollars instead of a $1.25 and a gallon of gasoline will cost $20.00 instead of $4.00. This is low level inflation with a minor adjustment to facilitate the government trying to keep up with its debt load. Everyone will lose weight and vehicles will only be used for emergencies, but Americans will adjust, we must remember this president promised us Hope and Change. That is until the monetary markets begin to divest themselves of the American Dollar and only our coins have the value of their base metals. In other words, the copper penny will become our most treasured coin, because everything else will become worthless. This will be hyper inflation. Obama will benignly ask for a devaluation of the currency to start the dance and the international money markets will be desperate to unload US currency and US debt.
America’s once great wealth will be quickly distributed among the industrial countries of the world and a few despicable characters like George Soros who hate the United States and its freedom.
Is this the next step in Obama’s Progressive steps to dismantle the US: ask yourself this, could you have designed a more effective plan to weaken and destroy the US economy within four years and still have people willing to reelect you?
A professional horseman for over 50 years, Skook continues to work with horses. Skook has finished an historical novel, Fifty Thousand Years, that traces a mitochondrial line of DNA from 50,000 years ago to the present. The story follows a line of courageous women, from the Ice Ages to the present, as they meet the challenges of survival with grit and creativity. These are not women who whimper of being victims, they meet the challenges of survival as women who use their abilities without excuses or remorse, these women are winners, they are our ancestors.