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Sunday, November 7, 2010

What does Sarah Palin know ?

All you need to do is ask those suffering from PDS and they will tell you that she knows NOTHING.  What's PDS you ask?  It's Palin Derangement Syndrome.  It's a malady that afflicts people who are both shortsighted and have an ego that keeps them bent double with it's sheer weight.  They think they know best the kind of president the USA needs and how terribly unsuited Sarah Palin's resume happens to be to take up that mantle. 

They will refuse to see, even on the day that Sarah Palin is addressed as Madame President for the first time, that they are wrong, have been wrong and will forever be wrong in their false PRESUMPTION that this woman does not have what it takes to be the leader of the most powerful country on earth. Palin keeps exhibiting her acumen in politics and economics on almost a daily basis and the nay-sayers keep showing their never-ending folly. Oh well ... here's another opinion of Palin's that will get the PDS sufferers to credit her with  some more NOTHING.

...The Fed hopes doing this may buy us a little temporary economic growth by supplying banks with extra cash which they could then lend out to businesses. But it’s far from certain this will even work. After all, the problem isn’t that banks don’t have enough cash on hand – it’s that they don’t want to lend it out, because they don’t trust the current economic climate.

And if it doesn’t work, what do we do then? Print even more money? What’s the end game here? Where will all this money printing on an unprecedented scale take us? Do we have any guarantees that QE2 won’t be followed by QE3, 4, and 5, until eventually – inevitably – no one will want to buy our debt anymore? What happens if the Fed becomes not just the buyer of last resort, but the buyer of only resort?............

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