Friday, February 6, 2009

Real Leaders Needed to Combat Forthcoming Inflation, or Stagflation

Make no mistake, with the Fed printing money like mad, inflation will return. George Melloan explains why it could also be a return to "stagflation."

The question that is particularly acute, especially after the disgraceful performance of Congress on the disgusting, irresponsible stimulus pork barrel bill, is are there any real "statesmen" in Congress, or in the government at all for that matter.

Leaders, who who will call the government and the country to account for its wishful fantasies that cheap money and spending by government on just about any stupid thing (Keynesian stimulus - a great excuse for pork) will solve all of our problems. America needs true courageous leaders in government, more than ever.

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