Thread: Barack Obama
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Old 02-26-2009
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randolph randolph is offline
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Although I am a democrat, I believe in fiscal conservatism. I hate debt and always made every effort to get out of it as soon as possible. I carefully invested my savings in conservative stocks and real estate. Now I see my efforts going down the tubes because of fiscal incompetence of government, bankers and speculators. Obama's spending program is terrifying and will very likely result in serious inflation (paying off debt with cheaper dollars). This will further reduce the value of my retirement savings. So what are the alternatives? War got us out of the last depression (which incurred trillions of debt) but we are already in two wars, costing trillions. We are still a rich country with lots of rich republicans. Since this country made them rich isn't it time they give some of it back?
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