-PP has another problem. Watch for food prices to surge not necessarily cause by inflation per se. All the excessive rain and flooding in Central and Mid-western states and in Canada to hit the market place, soon. Planting could be off at least 50% and late yields will be impacted. Farmer's will hold back delivery to granaries to maximum profits on a smaller yield...its like gold. PP is totally responsible for corn shortage- due to EPA's Ethanol quotas.
-Waiting for PP to step into the batters box on debt and deficit reduction talks with a looming drop dead date of Aug 2. PP has very little wiggle room, but to tackle the big four, an unauthorized $1.1 B come September's end, on the non-hostile crisis in Lybia, and only God know where-else. Troop drawdown in Afghanistan in phases, and total withdraw in Iraq will only be a blip on the radar screen near-term, only Social Security, Medicare and Medicaid remain. Remedy for SS semms doable-raise retirement age to 150 years and don't pay COLA like PP did for the past 2 years. However starting to fart around with M & M is going to be especially tough because of these entitlements PP was going to take $500 B /over 10 yrs.to support his new entitlement O'HealthCare. Bye-Bye- O'HealthCare.
I believe PP will begin see the folly of going hell bend with his O'HealthCare (one party indorsement) before pausing for a moment to check all the red blinking lights and alarms at the front door, the day he took office 01/20/09. Bye-Bye come 01/20/13
Monday, June 27, 2011
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