James Pethokoukis
Politics and policy from inside Washington
Germany recovering without stimulus
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From economist Robert Brusca:
Note as VP Joe Biden is pondering the success of the Obama stimulus plan and Laura D’Andrea Tyson is recommending a course of ‘seconds’ before we finish ‘firsts’ Germany is posting strong orders growth. The WORLD economy is reviving. Germany may not be shot out of a cannon but its message is clear. … Adding another stimulus program on top of the already in train program would not be a good fit because the attempt to do it would result all the same delays and pork as the last one. … The plan is working as it was supposed to. It’s just the wrong plan and it’s huge.
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These people suggesting economic stimulus are thieves plain and simple. It is debasement of the currency and to continue to do it and try to maintain this EMPIRE is futile. Massive inflation is inevitable. And so now they will try and regulate the way people trade commodities. Hey… has anyone ever heard of property rights? Far as I knew my money is mine to use at my own discretion. If government try’s to regulate me I will just find another way to get around their regulation. Here are some links everyone should visit that give a clue as to what is really happening. Throw anyone suggesting stimulus out of office! They are thieves! The world economy is not reviving because governments will continue to intervene in the market and the FED will continue to artificially muck with interest rates. Germany remembers what inflation is like. Remember Weimar?
http://www.kitco.com/ind/fekete/jul06200 9.html
http://www.kitco.com/ind/katz/jul062009. html
http://www.mises.org
Got gold?