David S says:
“Cap and Trade” will transform the economy, as it is intended to.
Destruction is a form of transformation . It is the most likely outcome of the Narcissist in Cheif’s proposals were 2012 to arrive without fresh disasters. But there will be new disasters.
Increasing spending and falling tax revenues will force the Fed to start buy treasuries. When that happens the dollar falls and gold soars. Then we begin an inflationary run that will make Jimmy Carter jealous.
Then there is foreign policy . Here is an example of what we are in for:
1) Move the 5th Stryker brigade (trained in arabic) from Iraq to Afganistan (where they don’t speak arabic)
2) claim to be withdrawing troops from Iraq
3) Move the 4th stryker brigade (which doesn’t have any arabic training) from the US to Iraq.
