The Rich Dad Water Cooler blog

Starring, Jack, Kathy, and Bob. Want the dirt? Get no holds barred commentary on today's topics and the happening at Rich Dad from the folks at the water cooler. Visit their blog here......

Also below is a commentary from Bob regarding 2008 Us Presidential Election is a total JOKE!

Friday, September 5, 2008

The 2008 US Presidential election is a Total JOKE

For six years I've heard Robert say over and over again that both the democratic and republican parties are no different from one another. After the 2004 election, I started to believe him. As I watch the DNC and RNC this year, I can see that they really are the same. Both parties want to increase spending (even though they talk about cutting it), both claim to be able to deliver on outlandish ideas, and both make promises to make the United States more secure from "terror". I think the current system of politics is laughable at best. Especially when it's pretty clear that the republicans cut taxes but print more money (deficit spending) and the democrats raise taxes and print more money as well.

I bring up printing money because the United States has been freely printing dollars since Aug, 1971 when President Nixon pulled us off the gold standard. What does this mean? It means that there is nothing backing the dollar- only confidence is keeping the dollar propped up. This is what has kept me from being positive in a presidential election- the fact that money is printed, the US goes deeper in debt, and the rest of the world MUST continue to invest in the US in order to keep this whole thing going- NO MATTER WHAT PARTY IS IN POWER. The United States is an empire and a using a fiat currency- someday, that empire will fail and have to pull back as did the British Empire along with countless other empires....

The United States has set up a police station in the Middle East- namely Iraq and Afghanistan.

The idea that the Iraq war needs to come to an end all all troops will be withdrawn is a joke and will never happen. Yet Barack states that's what he wants to do. McCain claims that we need to "win the war on terror".

Do you really think that the US will pull out of Iraq under either party after the largest US Embassy in history was completed in Baghdad?

Do you really think that the US will pull out of Iraq, located in a region where 65% of the recoverable crude oil on the planet is located?

I would like to think that this scenario will change for the better but I'm highly doubtful. Barack Obama's claim that he can "change" America is just as laughable as McCain's. What a joke.....