Saturday, September 15, 2012

From Paul Ryan

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“We don't need sugar high economics. We don't need synthetic money creation. We need economic growth. We want wealth creation. We don't want to print money. We want opportunity and growth.”

Can’t say for sure, but I assume he’s talking about QE3, the fed’s plan to print more money to goose Obama’s campaign with artificially high profits for investments in the next 2 months, then of course, the plunge. Printing money makes the stock market look good and some crony capitalists might make a profit, but it doesn’t create solid jobs. Today a good friend confided her fears for the economy—she’s a single, professional woman and very scared.

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