Tuesday, December 28, 2010

The Big Crunch Is Coming and Sooner Than We Think

SEE HERE This kind of stuff is getting to be the daily news. Federal, State, City and Municipality spending of all kinds is getting out of control. There seems to be no end to the things that people can find to spend money on if the money is money they didn't earn themselves and over which they likely will pay no penalty if they abuse their fiscal responsibility. Public pensions, public salaries, public perks, public debt all grow at astounding rates and if you screw up then you're too big to be allowed to fail. Unfortunately that's rewarding bad behavior and goes to a total train wreck in not so long. Previous train wrecks of the same kind around the world are a matter of historical record, but since our leaders are too neuron deprived to have read the lessons of history they are dooming us to relive them. Thanks idiots! What can you do? Find things of fundamental value to invest in maybe. Stockpile some staples so you can at least eat for a while. Be watchful. Stop voting for idiots. If it is too good to be true, then it's not!

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