Cap and Trade legislation during the first leg down of the economic depression (what were Pelosi & Co. thinking introducing that bill in the middle of that?), the imperial federal government is still shutting coal-fired generators across the land. Inflation already tearing at your meager Obama era wage? Just wait until the price of electricity necessarily skyrockets.
Record Number Of Coal-Fired Generators To Be Shut Down This Year
ECOMINOES FLASHBACK: Massive Blackout: Obama's Stimulus Did Little For Infrastructure
The Fed's incessant liquidity pumping has turned this economic depression into a period of depflation, and the true inflationary effects of Bernanke's CTRL+P policies haven't even been fully realized yet. If this country ever escapes this depression, it will then face another crisis: runaway inflation. Much of the money the Fed "printed" has been kept out of broad circulation. If the economy finally gets going and the new currency starts moving around, we're going to see inflation in this country like we've never seen. Additionally, the "shadow banking" instruments that the Fed relied on to sop up liquidity are deteriorating.
Bring On The Inflation After The Depression: Money Supply At $10 Trillion
In other news:
GM Ramps Up Risky Subprime Auto Loans To *Drive* Sales
Scalia: Guns May Further Regulated
DHS Gears Up For Civil Unrest Prior To Presidential Elections
ECOMINOES FLASHBACK: Social Unrest When The "2nd" Recession Hits?
ECOMINOES FLASHBACK: Gun Control Futile: Supply Will ALWAYS Meet Demand
September: Crunchtime For Europe And Germany
Apple Officials Said To Consider Stake In Twitter