F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

I wrote about it more than once

well the economic knowledge of Obama and his Gang is near non existant. Even before the US citizens have voted for Obama I have written, that he does not have an economic expert knowledge. If you can find my writing about it here: http://fdominicus.blogspot.com/2008/10/keep-this-on-record.html And he shows this gapping hole again. If he really has said that Germany profits from the "open" US markets. Well then I've some extra news about it for Obama. The German market is (at least for cars) as open as the US market, but people do not buy american cars. And they have good reasons. I bet the Americans also have good reasons to wish for german cars. If that will get more expensive, who will gain from it than? The other gap is that Obama really seems to believe that introducinb barriers to free trade will do any part anything good. It's as if you'd say alcohol is good for alcoholics. I warned you before it all I warn you again. If the Fed and governement do not start striving for sound money, you will all get really poor. You than just can hope to have enough land to grow your own food. If that is what you want just follow Obame. He'll manage to look this times as heaven on earth....