This is finally same information that even though it is grim, seems to be more accurate than the mis-information that has been provided to us.
Yeah, we get it. BP didn’t know that this would happen. But, you can certainly bet that they knew that it could.
They also knew that the American citizens will move on to the next drama while this horror continues. We have always done this.
- Exxon Valdez – name what changed, really
- 9/11 – Most people don’t seem outraged that our President is saying that it is OK to put this mosque next to Ground Zero. I know, Islam was twisted by these few, the point is can you wait until everyone FRIGGIN dies before you discount their lives?
I could go on, but it pisses me off far too much.
Scientists map and confirm origin of large, underwater hydrocarbon plume in Gulf.
Jobless claims rise for third straight week to 500,000 – Aug. 19, 2010.
It must be wonderful, to be so sheltered and secure so as to refer to 1/2 million other people’s jobless claims as ‘just a bad trend’.
Here is the truth.
- Individuals are being hammered
- Small businesses that do most of the hiring are being hammered
- Credit is not available for most consumers or small businesses
- The same cronies who created the mess are just fine, realizing that their paper losses will rebound, all the while they gather the homes lost
Here is what to do.
- Save cash
- Save cash
- Cut spending
- Save cash
- Cut spending
- if you have the resources, consider silver
- Save cash
- Cut spending
It may seem a little repetitive, but the vultures who are feeding off of the poor did this so that they could acquire the assets of the poor at rock bottom prices. Now, we need to do it to save ourselves. There is no FDR in the White House and no New Deal saving the day.
Remember the lessons of history. The nation will preserve it’s own good and you must do the same!
- Peace
Based on the CBO’s data, I calculate a fiscal gap of $202 trillion, which is more than 15 times the official debt.
via U.S. Is Bankrupt and We Don’t Even Know: Laurence Kotlikoff – Bloomberg.
This is a very challenging read. Even if it is right, there is little short of draconian measures and if it is wrong, there is enough truth for us all to be concerned.
Particularly disturbing is the ‘off the books’ liabilities that the Congress is using to mortgage against our future! These bubbles don’t usually end well and there is no reason to believe that this is going to stop.
- Peace
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