Barack Obama
The U.S. Federal Reserve, under President Barack Obama, has announced another $600 billion to $1 trillion in spending, in an attempt to spur growth in the American economy. Once again, another attempt by Obama & co., to buy one's way out of debt, which will produce artificial growth and negative consequences. The Obama administration continues its wild spending spree that is further destabilizing the U.S. economy.
Side Bar: On a similar note, President Obama's upcoming trip to India is going to cost the U.S. taxpayers $200 million dollars a day, which the nation can't afford. The Judiciary Report loves India and wishes its people well, but Obama needs to travel with less folks (3,000) from his Administration, during the planned 9 day drip, requiring fewer military airplanes to carry everybody's things. You've never heard of CheapTickets or Expedia.
STORY SOURCE
QE2 risks currency wars and the end of dollar hegemony
