Today, we only get $.03 in growth for every $1 of debt.
The Fed has increased the money supply by $3.1 trillion.
We have $18 trillion of debt.
Total US debt has increased by 70% under Obama, from $10.625 trillion on January 21, 2009 to $18.005 trillion as of post-Thanksgiving "Black Friday".
We have $130 trillion of unfunded liabilities that will rise even higher due to Obama's recent unconstitutiunal executive actions.
However, the shale and fracking oil revolution and US domestic oil production has effectively given the Middle Class a huge tax break, and the price at the pump dropping has given the economy a beneficial shot in the arm.
While shale and fracking strengthens the US economy and results in lower price per barrel, this oil gusher weakens the economy of Russia, Venezuela and Iran which heavily depends on petrol dollars. If Keystone goes through, Venezuela faces economic collapse since it's economy is already in shreads, and this will further weaken the economy in Iran and Russia. Putin is funding anti-shale, anti-fracking campaigns to try and stop King Dollar and the oil gusher because they want to restrict US and North American production to force the price per barrel and the price at the pump back up and bulid up dependence on the oil out of Russia, Iran, Venezuela and Saudi Arabia. But the campaign hasn't been successful, and so now he is attacking the US dollar itself by dumping huge amounts of U.S. dollars and in attempt to bankrupt working Americans.
Starting in October 2013, in conjunction with the conflict in Ukraine and predicted negative reaction along with an attempt to counter the shale and fracking oil boom, Russia has been dumping Treasuries month after month. He is using the US debt situation to wage war on the US dollar. Now President Vladimir Putin, Russia has begun dumping U.S. dollars in a big way.
Over the last few days the amount has added up to an estimated $2 billion. This direct attack on US currency is quickly escalating.
The answer to counter this is further domestic oil production in North America providing even greater Middle Class tax cuts and spending money for Christmas. The economy will benefit with Keystone, Venezuela will dive deeper into jt's own undoing and Russia's economy will further decline weakening Putin's power grab. It will benefit the economies of many nations, but to the demise of Russia, Venezuela and Iran.
The Fed has increased the money supply by $3.1 trillion.
We have $18 trillion of debt.
Total US debt has increased by 70% under Obama, from $10.625 trillion on January 21, 2009 to $18.005 trillion as of post-Thanksgiving "Black Friday".
We have $130 trillion of unfunded liabilities that will rise even higher due to Obama's recent unconstitutiunal executive actions.
However, the shale and fracking oil revolution and US domestic oil production has effectively given the Middle Class a huge tax break, and the price at the pump dropping has given the economy a beneficial shot in the arm.
While shale and fracking strengthens the US economy and results in lower price per barrel, this oil gusher weakens the economy of Russia, Venezuela and Iran which heavily depends on petrol dollars. If Keystone goes through, Venezuela faces economic collapse since it's economy is already in shreads, and this will further weaken the economy in Iran and Russia. Putin is funding anti-shale, anti-fracking campaigns to try and stop King Dollar and the oil gusher because they want to restrict US and North American production to force the price per barrel and the price at the pump back up and bulid up dependence on the oil out of Russia, Iran, Venezuela and Saudi Arabia. But the campaign hasn't been successful, and so now he is attacking the US dollar itself by dumping huge amounts of U.S. dollars and in attempt to bankrupt working Americans.
Starting in October 2013, in conjunction with the conflict in Ukraine and predicted negative reaction along with an attempt to counter the shale and fracking oil boom, Russia has been dumping Treasuries month after month. He is using the US debt situation to wage war on the US dollar. Now President Vladimir Putin, Russia has begun dumping U.S. dollars in a big way.
Over the last few days the amount has added up to an estimated $2 billion. This direct attack on US currency is quickly escalating.
The answer to counter this is further domestic oil production in North America providing even greater Middle Class tax cuts and spending money for Christmas. The economy will benefit with Keystone, Venezuela will dive deeper into jt's own undoing and Russia's economy will further decline weakening Putin's power grab. It will benefit the economies of many nations, but to the demise of Russia, Venezuela and Iran.
