Various experts confirm beyond a doubt, that there will not be a USD collapse; as excess debt is forced out and defaulted through the system.
Yes, there's always "some" chorus of skepticism and doom...
And a few drunken Government spenders...
-Bridge of Size: Steyn on America
And then there's "Crazy-Joe" Biden....
There's one thing to be said.... America lives in a fish-bowl, as every transaction, every inquiry ... (Unlike others.)
In private sector, 40 trillion pumps (via simple transaction) in-and-out of the veins of our economy... And a Government that pulls it out faster!
With less Bank transparency read.
AMERICANS REJECT THE BLOATED GOV. SPENDING PROGRAMS WHICH LACK RESPECT FOR LIVING WITHIN OUR MEANS... VOTE THEM ALL OUT!
VIDEO: Congressman (R) Paul Ryan STOP THE SPENDING BUDGET.
Karl says this:
"The US Consumer will go from a negative savings rate to a seriously-positive one. I am predicting 4% in 2009 but it could go as high as 10%. The math on this is simple - the "consumerist legion of more" has run its course and all that's left is debt.
It hurts and bad; expecting the American Consumer to cut off his other arm is just plain dumb. By the way this is a good thing in the longer term for America once the excess debt is forced out and defaulted through the system." ~Denninger
I BLAME EXCESS FEAR... Damaged belief-systems, aid crisis...
BIG SCREEN VIDEO: Here's the worst one. (haha)
To this, efforts today are but the need to allow the people freedom to stimulate their own economy; instead of BIG GOVERNMENT... Hopefully OBAMA GOV. will be forced to REDUCE its size!!!!!
Today's Links...
Victory against Big Labor:
Illinois home health providers reject SEIU/AFSCME power grab! Michelle Malkin.
Obama Mural Defaced – Now Reads: "Yes We Can… Lose Our Freedom"
Jim Hoft