Hyper Unemployment

Copyright (c) 2009 Howard Foster

Hyper Unemployment - - We could have 40% unemployment within Obamas first term. How is this possible?

The purchasing power of our dollar continues to circle the drain. Obamas financial mentor has indicated those with fixed investments or no investments may lose 50% of their investments or purchasing power over the next two years because of all the money that Obama elected to be printed, 1.8 trillion. Not borrowed, no one would lend to us because they knew that Obama might simply print some new money and pay them with that.

For those who understand this tactic, the only one who benefits is the printer, like the counterfiter. The new money slowly enters the market and dilutes the value of the other dollars. It is called inflation. The price of gas is racing toward $8.00 within two years at the current rate because of just one factor, the newly printed money. It has nothing to do with the oil cartels. The purchasing power of the dollar heading to 50% of what it is within two years. That is as good as guaranteed because of the 1.8 trillion added to the pot. It does not take a rocket scientist to know what that means.

The President is smart, he knew he could win the election if he could promise every change the non tax payer and the low tax payer wanted. Most of the low paying or no paying and half the middle and upper class could enable him to gain power and take from the rich. The rich are the top 10%, who create about 70% of the jobs in the US. Only 2% of the top 10% represent the liberals. So the focus was to take from the rich and give to the poor. Many of the 2% liberals did not vote for Obama, but he did not need them. His plan worked and he was elected. How could he fail. If you walk down broadway and offer people free money will they create a frenzy. Of course they will and he did. But the election was only the first step.

To guarantee the party stays in power every four years, he embarked on a plan that would bring millions more low income people with their hands out at the immigration gates. New potential voters to perpetuate the power to remain with the liberal party.

Great plan if not for one problem. The moment the most liberal man in congress declared his candidacy for president the rich started having meetings. These are the people who control 70% of the jobs. These are the people who want a fair tax. If they do not get it they will take their jobs to those countries who desperately need them. It could cause 40%-70% unemployment in the US. Their plan is sophisticated. Not nearly as simple as Obama's plan but far more powerful. The rich know the government will do what they can to raise taxes even more on the profits that come back into the country to the rich. But there is not going to be much coming back in the form of profits, they will be very low at best. The majority of profits will remain in the businesses of the foreign countries and through a very sophisticated maze of loans, the money will come back to the rich in the US. Loans are not income in the US unless connected to a plan of tax avoidance. But this plan will show no such ties. The rich entreprenueurs are light years ahead of politicians when it comes to creative financing... Of course if the country reaches communism it could change those laws and make loans taxable. Is that what you want...


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Mr. Foster, the author of this article, is a retired certified financial planner. If you would like to see a well thought out plan by the rich, or about the Fair Tax, or similar information to hyper unemployment, please visit us at
http://www.ground-swell.ws