Legacy

I am an “I told you so” and my track record has been validated (The audacity of denying failure).

I believe, your legacy will be your failure to fix the economic disaster created by G. W. Bush. Your government has set an inflation fire that will burn like the fire in the late seventies and government was helpless to subdue. Geither has stated publicly that “governments have experience in dealing with inflation”. He maliciously omits the late seventies and the term stagflation. I have consistently said the two dangers are deflation and it’s counter-part stagflation. Your government fails to strike the balance.

It is clear that fiscal policy is to game Wall Street and devalue the dollar to generate as much inflation as possible, which diminishes the debt and deficit amounts. Instead of Tarp bailing out the mortgages underwater you are forcing hardship on everyday Americans who are foreclosing. You fudge the inflation for cost of living by removing food and gas from the measure of inflation. Your government truly provides socialism for the too big to failure banks and capitalism to the everyday American.

I feel your snickers as you read this. I am a little guy and resent your arrogance. I feel you are repressing these thoughts as the governments in Egypt and Tunisia. There will be a revolution, 144 character tweets at a time.

I told you so.