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Rex Babin Cartoons
Friday, January 9, 2009
5-Day Weather | Traffic 48° F
Obama, after Homer
Friday, Jan. 09, 2009
The people who are hurting now are the "big money boys", because now their money is inflating and exploding in an inflation explosion. Now it's the big investors, big business, big money and big governments whose money is dwindling down to nothing so it can't even buy much any more. In spite of the fact that industry is slowing down and therefore unemployment is increasing, there are so many safety guarantees to keep wages up and to give unemployment insurance and to keep prices up that there is still inflation in spite of a recession or depression this minute picking up speed! The strange thing that's happening is that the inflation is picking up speed right along with the depression, just the opposite of what happened in the Great Depression. This time they're not only going to have a big depression, or economic collapse, which in days past benefited the big money boys, but it is also going to bring about the collapse of big investors, governments, everybody!
Ted Rudow III,MA