Soldiers tend to see Paul as understanding the pressures they face better than the other candidates because he’s the only one in the group who served in uniform, as a flight surgeon in the Air Force and Air National Guard during the Vietnam era. The libertarian’s service gives him “street cred,” Kwiatkowski noted. ”We often in the military have no idea what the foreign policy or the military policy is. All we know is we get told to do things, and often these things are costly, dangerous, and unproductive, and create more insecurity for us and for the country.”
The Federal Reserve cannot continue to inject unlimited amounts of free money into banks with the aim of bailing out the banks and propping up house and stock prices without also propping up other prices.
And although the Fed still wants to pretend that food and energy prices should be excluded from inflation calculations, the price trends of the last decade illustrate that this position is ridiculous.
People have to buy food and energy. And thanks, in part, to the Fed’s desire to bail out the banks and prop up stock and house prices, the price of most food and energy keeps going up.
That’s inflation, whether the Fed wants to call it that or not.
Possible trade: JaVale McGee for Alex Semin. Who says no?
— Dan Steinberg (@dcsportsbog) February 23, 2012
Everyone loses!