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Old 01-15-2008, 02:50 PM   #1
MikeWaters
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Default Pat Buchanan finds a nut once in a while as well

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To stave off recession, the Fed appears anxious to slash interest rates another half-point, if not more. That will further weaken the dollar and raise the costs of the imports to which we have become addicted. While all this is bad news for the Republicans, it is worse news for the republic. As we save nothing, we must borrow both to pay for the imported oil and foreign manufactures upon which we have become dependent.

We are thus in the position of having to borrow from Europe to defend Europe, of having to borrow from China and Japan to defend Chinese and Japanese access to Gulf oil, and of having to borrow from Arab emirs, sultans and monarchs to make Iraq safe for democracy.

We borrow from the nations we defend so that we may continue to defend them. To question this is an unpardonable heresy called "isolationism."
http://www.worldnetdaily.com/news/ar...TICLE_ID=59693

Wholesale inflation hike largest in 26 years
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Old 01-15-2008, 02:51 PM   #2
creekster
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Pat has been beating this drum for a long time.
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Old 01-15-2008, 02:55 PM   #3
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Inflation at its highest since 1981.

Retail sales down.

Unemployment rising.

Foreign governments buying up our banks.

It's funny that the only person willing to talk about this is the "crackpot" Ron Paul.
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