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	<title>Comments on: Obama and the Economy</title>
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	<link>http://archive.mises.org/10410/obama-and-the-economy/</link>
	<description>Proceeding Ever More Boldly Against Evil</description>
	<lastBuildDate>Thu, 23 May 2013 06:35:38 +0000</lastBuildDate>
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		<title>By: Bruce Koerber</title>
		<link>http://archive.mises.org/10410/obama-and-the-economy/comment-page-1/#comment-575660</link>
		<dc:creator>Bruce Koerber</dc:creator>
		<pubDate>Fri, 07 Aug 2009 09:47:06 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/010410.asp#comment-575660</guid>
		<description><![CDATA[Once the audit exposes the economic terrorism of the unConstitutional coup the purging process will continue as the victims of these economic terrorists will seek out the names of the members of the inner circle of the unConstitutional coup. These economic terrorists and their buddies will scurry about seeking to hide but as the refuges for these criminals dry up the hiding places will begin to evaporate too. This is part of what I mean by the purging of the culture of &#039;counterfeiters.&#039;

Another part is the exposure of Keynesianism as quackery. Those &#039;counterfeit&#039; academics and their associated counterfeit institutions will also be justly disgraced and shunned.]]></description>
		<content:encoded><![CDATA[<p>Once the audit exposes the economic terrorism of the unConstitutional coup the purging process will continue as the victims of these economic terrorists will seek out the names of the members of the inner circle of the unConstitutional coup. These economic terrorists and their buddies will scurry about seeking to hide but as the refuges for these criminals dry up the hiding places will begin to evaporate too. This is part of what I mean by the purging of the culture of &#8216;counterfeiters.&#8217;</p>
<p>Another part is the exposure of Keynesianism as quackery. Those &#8216;counterfeit&#8217; academics and their associated counterfeit institutions will also be justly disgraced and shunned.</p>
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		<title>By: Russ</title>
		<link>http://archive.mises.org/10410/obama-and-the-economy/comment-page-1/#comment-575421</link>
		<dc:creator>Russ</dc:creator>
		<pubDate>Thu, 06 Aug 2009 16:29:05 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/010410.asp#comment-575421</guid>
		<description><![CDATA[Bruce Koerber wrote:

&quot;It is time to audit the Federal Reserve and to purge our culture of the counterfeiters!&quot;

Are you suggesting that abolishing the Fed will purge our culture of &quot;counterfeiters&quot;?]]></description>
		<content:encoded><![CDATA[<p>Bruce Koerber wrote:</p>
<p>&#8220;It is time to audit the Federal Reserve and to purge our culture of the counterfeiters!&#8221;</p>
<p>Are you suggesting that abolishing the Fed will purge our culture of &#8220;counterfeiters&#8221;?</p>
]]></content:encoded>
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		<title>By: Bruce Koerber</title>
		<link>http://archive.mises.org/10410/obama-and-the-economy/comment-page-1/#comment-575398</link>
		<dc:creator>Bruce Koerber</dc:creator>
		<pubDate>Thu, 06 Aug 2009 15:27:17 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/010410.asp#comment-575398</guid>
		<description><![CDATA[Education and Ethics 
Monday, August 3, 2009

Is The U.S. Culture Just A Counterfeit?
 
What an embarrassment! The United States has become what it is down inside â€“ a counterfeit culture. The States are united but only in the sense that they are subjects to the same overlord. The States do the bidding of the Union and have grown dependent like an addict on the flow of counterfeit money.

In a counterfeit culture the worth of contracts disappear. One of the great strengths of America was its protection of private property rights but this contract is fading away. As taxes increase it will become increasingly obvious that property owners are really only renters!

Obviously the currency is counterfeit. There is no restraint on its creation while its distribution is intended to redistribute wealth to those favored by the ones in charge. And speaking of the ones in charge â€“ who are the ones who have counterfeited legislative circles around the Constitution and counterfeited themselves as the ones in charge?

Why is the Congress going along with all of this as if nothing is wrong even as we counterfeit our culture of freedom and liberty by militarizing the world and destroying those cultures by introducing counterfeit ideas about democracy. When politicians knowingly promise things that are fiscally irresponsible and which violate property rights and ethics are they not acting like counterfeits?

Banks and other industries are now just facades, counterfeits of their real selves. Education that teaches an agenda ordained by the counterfeiters rather than training people to investigate the truth is, guess what, counterfeit.

It is time to audit the Federal Reserve and to purge our culture of the counterfeiters!
]]></description>
		<content:encoded><![CDATA[<p>Education and Ethics<br />
Monday, August 3, 2009</p>
<p>Is The U.S. Culture Just A Counterfeit?</p>
<p>What an embarrassment! The United States has become what it is down inside â€“ a counterfeit culture. The States are united but only in the sense that they are subjects to the same overlord. The States do the bidding of the Union and have grown dependent like an addict on the flow of counterfeit money.</p>
<p>In a counterfeit culture the worth of contracts disappear. One of the great strengths of America was its protection of private property rights but this contract is fading away. As taxes increase it will become increasingly obvious that property owners are really only renters!</p>
<p>Obviously the currency is counterfeit. There is no restraint on its creation while its distribution is intended to redistribute wealth to those favored by the ones in charge. And speaking of the ones in charge â€“ who are the ones who have counterfeited legislative circles around the Constitution and counterfeited themselves as the ones in charge?</p>
<p>Why is the Congress going along with all of this as if nothing is wrong even as we counterfeit our culture of freedom and liberty by militarizing the world and destroying those cultures by introducing counterfeit ideas about democracy. When politicians knowingly promise things that are fiscally irresponsible and which violate property rights and ethics are they not acting like counterfeits?</p>
<p>Banks and other industries are now just facades, counterfeits of their real selves. Education that teaches an agenda ordained by the counterfeiters rather than training people to investigate the truth is, guess what, counterfeit.</p>
<p>It is time to audit the Federal Reserve and to purge our culture of the counterfeiters!</p>
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		<title>By: Russ</title>
		<link>http://archive.mises.org/10410/obama-and-the-economy/comment-page-1/#comment-575390</link>
		<dc:creator>Russ</dc:creator>
		<pubDate>Thu, 06 Aug 2009 15:12:58 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/010410.asp#comment-575390</guid>
		<description><![CDATA[@Pete:

The unemployment rate where I live, in the suburbs around Detroit in Michigan, is arond 17%.  This is *not* due to people simply not wanting to work.  It&#039;s due to that fact that the companies in the area simply are not hiring right now.  Yes, there are jobs in the area, but there are many more unemployed than jobs available.]]></description>
		<content:encoded><![CDATA[<p>@Pete:</p>
<p>The unemployment rate where I live, in the suburbs around Detroit in Michigan, is arond 17%.  This is *not* due to people simply not wanting to work.  It&#8217;s due to that fact that the companies in the area simply are not hiring right now.  Yes, there are jobs in the area, but there are many more unemployed than jobs available.</p>
]]></content:encoded>
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		<title>By: Pete</title>
		<link>http://archive.mises.org/10410/obama-and-the-economy/comment-page-1/#comment-575355</link>
		<dc:creator>Pete</dc:creator>
		<pubDate>Thu, 06 Aug 2009 13:46:55 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/010410.asp#comment-575355</guid>
		<description><![CDATA[I have seen stories about the horrors of unemployment. The horrors of non-savers realizing their error in Elkhart and such.

The reality of unemployment is often different. The unemployed I encounter most are the layabouts, not working due to their distaste for the options at hand, rather than true lack of jobs.

]]></description>
		<content:encoded><![CDATA[<p>I have seen stories about the horrors of unemployment. The horrors of non-savers realizing their error in Elkhart and such.</p>
<p>The reality of unemployment is often different. The unemployed I encounter most are the layabouts, not working due to their distaste for the options at hand, rather than true lack of jobs.</p>
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		<title>By: Daniel</title>
		<link>http://archive.mises.org/10410/obama-and-the-economy/comment-page-1/#comment-575309</link>
		<dc:creator>Daniel</dc:creator>
		<pubDate>Thu, 06 Aug 2009 11:15:36 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/010410.asp#comment-575309</guid>
		<description><![CDATA[I am quite pessimistic, so I envision a second term won by &quot;stay the course&quot; poppycock]]></description>
		<content:encoded><![CDATA[<p>I am quite pessimistic, so I envision a second term won by &#8220;stay the course&#8221; poppycock</p>
]]></content:encoded>
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	<item>
		<title>By: Som</title>
		<link>http://archive.mises.org/10410/obama-and-the-economy/comment-page-1/#comment-575253</link>
		<dc:creator>Som</dc:creator>
		<pubDate>Thu, 06 Aug 2009 09:00:24 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/010410.asp#comment-575253</guid>
		<description><![CDATA[This can all be said in one word: Obamaganda!]]></description>
		<content:encoded><![CDATA[<p>This can all be said in one word: Obamaganda!</p>
]]></content:encoded>
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		<title>By: Borislav</title>
		<link>http://archive.mises.org/10410/obama-and-the-economy/comment-page-1/#comment-575144</link>
		<dc:creator>Borislav</dc:creator>
		<pubDate>Thu, 06 Aug 2009 04:59:46 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/010410.asp#comment-575144</guid>
		<description><![CDATA[No matter how much vast majority of US media spin economics data and support Obama, reality is very much different.

&lt;b&gt;Obama&#039;s Approval Rating Drops on Economy Concerns&lt;/b&gt;
By Kristin Jensen

Aug. 6 (Bloomberg) -- President Barack Obama&#039;s approval rating is falling on concern unemployment is rising and the budget deficit will grow, a Quinnipiac University poll shows.

Exactly half of the registered voters surveyed from July 27 to Aug. 3 by Quinnipiac said they approve of the job Obama is doing, compared with 42 percent who disapprove. That&#039;s down from 57 percent approval and 33 percent disapproval in a poll taken in late June, according to results released today.

Americans are upset about rising unemployment and worried that health-care plans making their way through Congress will add to the U.S. budget deficit, said Peter Brown, assistant director of the Hamden, Connecticut-based polling institute. The combination has helped drive down the president&#039;s ratings.

...
http://www.bloomberg.com/apps/news?pid=20601087&amp;sid=apHNO9NOUupo]]></description>
		<content:encoded><![CDATA[<p>No matter how much vast majority of US media spin economics data and support Obama, reality is very much different.</p>
<p><b>Obama&#8217;s Approval Rating Drops on Economy Concerns</b><br />
By Kristin Jensen</p>
<p>Aug. 6 (Bloomberg) &#8212; President Barack Obama&#8217;s approval rating is falling on concern unemployment is rising and the budget deficit will grow, a Quinnipiac University poll shows.</p>
<p>Exactly half of the registered voters surveyed from July 27 to Aug. 3 by Quinnipiac said they approve of the job Obama is doing, compared with 42 percent who disapprove. That&#8217;s down from 57 percent approval and 33 percent disapproval in a poll taken in late June, according to results released today.</p>
<p>Americans are upset about rising unemployment and worried that health-care plans making their way through Congress will add to the U.S. budget deficit, said Peter Brown, assistant director of the Hamden, Connecticut-based polling institute. The combination has helped drive down the president&#8217;s ratings.</p>
<p>&#8230;<br />
<a href="http://www.bloomberg.com/apps/news?pid=20601087&#038;sid=apHNO9NOUupo" rel="nofollow">http://www.bloomberg.com/apps/news?pid=20601087&#038;sid=apHNO9NOUupo</a></p>
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