When the president was asked recently about high gas prices, he blamed those speculators. Ah. Yes. Nameless, faceless, greedy Wall Street types.
He thinks we are stupid. Again. This is past getting old.
If anyone wants to know who or what is responsible, look no farther than ruinous fiscal and monetary policy. Uh… Mr. President… That rests squarely on your shoulders. You and your Fed chairman, Ben Bernanke, have been destroying the dollar faster than anyone else in U.S. history. Oh, it started in the 1970's when the U.S. went off the gold standard, but you have accelerated it beyond anyone's wildest imagination.
I think your pal George Soros referred to this as an "orderly decline of the dollar."
Read all about it here, and here, from American Thinker.
"Actually, it's not even that the price of gas is more expensive… It's that the dollar is worth less."
Mr. President… If you had run on trillion-dollar deficits and monetizing the debt, you never would have been elected.
Thursday, February 23, 2012
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