Well, it looks like some of the people have more sense than their government, at
least in spending within their means. Instead the Gov. is continually inflating
the dollar by having the Fed. Reseve create $Billions daily out of thin air to
support unsupportable govt. spending on wars etc.

Few realize that the banks and the US Gov are only BORROWING this money from
the Fed. Reserve, (which is actually a private bank owned mostly by the foreign
elites).

They have to pay it back to the Fed. at interest. They are rapidly losing the
possibility of doing so as the tax base decreases.

More people are losing jobs to offshoring, and so more people walk away from
mortgages on which they have been paying interest-only as the property values
start to dip. And so the bundled Mortgage Backed Securities get downgraded and
are no longer AAA investment quality. And so the funds and banks have to get rid
of them, but there are no buyers...

A big crunch worse than the '30s is on its way, and the longer the Gov. tries
to prop things up, the harder the fall will be.

g_baka2002 <g_baka2002@...> wrote:
Check out what people are saying in this USA Today article. Here are
a few snippets:

SNIP

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