Sound Words From...(Ahem)...Ron Paul

Ron Paul is just this side of crazy when it comes to foreign policy, but in terms of economic policy, I have to admit that he's been right on just about everything recently. Not too long ago, he offered a strenuous warning that every American should hear:

He's right. We've spent too much, we've borrowed too much, and we've printed too much, but Obama is trying to do those same exact things to correct the problem. It's only going to make things worse.

I've been doing some reading lately, and I think Paul's warning on inflation is particularly on target. Part of why oil prices went so high last summer is because the dollar was so weak. Though prices have come way down, the dollar hasn't really gotten much stronger. A weak dollar combined with the unprecedented spending of the Obama administration are setting us up for a horrific bout of inflation. All it will take is one key trigger to send us over the edge - China refusing to fund more of our debt, another major terrorist attack, a natural disaster, etc.

Inflation has killed any number of nations throughout history, and America will be no less vulnerable if the circumstances are unfavorable when it hits. You would do well to take precautions now -- like paying down all possible debt and investing in things will actual value -- to save yourself as much pain as possible.

One last note - in light of the historic spending the Democrats have performed in the past two months, if you're getting discouraged about what can possibly be done to reign them in, I'd like to remind you of these key facts:

The Republican party have legitimate alternatives based on factual analysis, and are seeking to put money and responsibility back into the hands of the American people. What do you think about getting a couple thousand dollars in tax cuts? And what would you say to saving 60% of the expense of the Generational Theft Act?

GOP in 2010, anyone?

There's my two cents.