In Feb. 26 Issue
THE DAMAGE HAS BEEN DONE!
Many of you know that I was concerned, to say the least about a young senator from Illinois becoming our 44th President.
My gut told me that Barack Obama did not understand mainstream America and he certainly lacked the experience necessary to be our Commander and Chief. Well, I owe you all an apology!
This man has proven to far worst than I ever thought possible.
The Obama Administration, along with our democratically control Congress has literally destroyed our country!
I cannot even begin to understand how we can ever recover from this abomination.
Dick Morris went on to say "In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH!" Anyone with an ounce of common sense understands that you cannot spend your way out of debt nor can we continue to spend far more than we are taking in. This is basic economics. Anyone who sets down every month to pay bills knows that you cannot pay your bills with cold checks! The United States is now the largest buyer of its own debt! How do we do that? Simple, we print more money!
This is referred to as monetizing our debt. In the past six months, the value of our dollar has went down 6%. This means that what use to cost a dollar now cost $1.06! The effect is painfully obvious. Gas, food, clothing, you name it is going up and fast! Cotton is selling for record prices. You can see from the chart above that sugar is up 165%. I know that many of you are sick of all of the gloom and doom, but please believe me that the madness has to stop!" May God Bless…Ron Phillips