You are correct. I even registered voters for the man and I admit it. What he's done is to continue the apparantly bipartisan plan of concentration of power in the executive at the expense of liberty, privacy and the Rule of Law. For me, the big news item buried in all the Iran coverage was Ahmedinijad's attendance at the Shanghai Economic Cooperation Council summit in Yekaterinburg with China, Russia, India, Pakistan and the Central Asian Republics. The dominating item under discussion there was a formulation of plans to end the dollar's role as the World Reserve Currency. If such plans come to fruition, the US's role as the dominant military and economic power well be over. The big economic players, Russia, China and India all have enormous reserves of dollars in their foreign exchange holdings that are being devalued by the Fed's continued printing of dollars and deficits going back to the Nixon administration.
Once the dollar ceases to be the Reserve currency, what's left of the bottom of the US economy will fall into a tailspin that will make the Great Depression and our current one look like a Golden Age.
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