Karl Denninger of Market-Ticker.Org says both Romney and Obama are lying about health care reform. Denninger says drastic changes are coming no matter what, “. . . because the amount of money the federal government spends doubles every seven years . . . this is mathematically impossible.” Denninger says, “We either fix this or the government collapses along with society.” Denninger contends, “You have to kill the monopoly protections that the medical system has that prevent the free market from working.”
Think we can fix the economy of health care with Federal Reserve money printing or QE? Forget it! Denninger warns, “It is a huge tax increase. . . . It acts by devaluing your purchasing power, and it falls disproportionately on the poor and lower middle class.” Join Greg Hunter as he goes One-on-One with Karl Denninger of Market-Ticker.org.
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.