Obama’s Attack on the Middle Class
By omb on Apr 1, 2009 in Finance, Obeyme, liberty
A good article on lewrockwell.com by Paul Craig Roberts. Here’s an excerpt…
What the Obama administration is really doing is taxing ordinary people in order to bail out the super rich. The 95% of Americans who get the tax cut will find that it is offset many times by the depreciation in the dollar and the raging inflation that will result from monetizing the multi-trillion dollar budget deficits made necessary by the bailouts of the banksters.
His point is pretty clear, be sure to read through to the end.
Bonus! Here’s another excellent article by Bob Murphy on Fed induced boom and bust cycle on lewrockwell.com. Maybe you should just read Lew Rockwell instead of the Liberty Bunker you say? That would be incredibly foolish, as Lew Rockwell doesn’t post pictures of Bikini clad hotties.
-OMB

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