I glad I live in a great country. If any country can overcome what we are facing---WE CAN! I don't want to sound like the sky is falling, but we face enmorous problems.
And most of these problems have been brought by DEBT. Our government is on an unprecedented spending spree that I believe will hold dire consequences for banks, home prices, inflation, bond prices and our future security as a country. Read the articles below to educate yourself.
US Budget Deficit soars to record $1.6 Trillion http://www.cnbc/id/35176678/
The Abyss of Government Spending http://tinyurl.com/yjky5le
Smart Money on the Obama Budget http://tinyurl.com/yhxh9t8
The next bailout/Social Security http://tinyurl.com/yjwz7cg
Banks http://tinyurl.com/ycp3xxx
Yes we can blame Bush..... yes we can blame Obama and his Keynesian philosophy.... yes we can blame politicians who are lining their pockets with treats all around....all we can do now is (1) vote them all out.... (2) get out of debt ourselves and (3) Protect and defend yourself in this market.
Monday, February 8, 2010
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