As the interest on the national debt & the unfunded entitlement mandates of the retiring 10,000 per day baby boomers overwhelmes our economic system just look @ the comparisons in the slide show of Argentina in the 1900s to America today & more importantly look @ where Argentina is today & you can project America's future on the road we are going down.
Most people always have trouble making ends meet but I have found over the past year that people are just plain out of money to spend on anything other than their normal paycheck to paycheck costs to maintain their current modest standard of living. Now add in the costs of Cap & Trade & a VAT & the majority of people will be left with a disposable income that will be @ or near the poverty level - & it is all by BO's design as plain as the nose on your face.
The April 30 piece referenced above asked "isn't shorting America's treasury securities even a more obvious bet now than shorting housing was a few years ago?" The WSJ ran a front page story today documenting the participation of members of Congress who did exactly that in 2008.
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