Do not raise the debt-ceiling. You heard me: block the debt ceiling vote. Don’t raise it. America’s out-of-control, a debt addict. It is time to detox – to deal with the collateral damage [now] before it’s too late. We need to fix America’s looming credit default, failing economy and our screwed-up banking system now – with a Good Depression. If we just kick the can down the road one more time, we’ll be trapped into repeating our 1930’s tragedy – a second Great Depression. [Let me explain.] Words: 1422
July 17th, 2011 | Posted in Economic Overview,Economy | Read More »
The inability [of Congress] to reduce spending and tax its citizenry represents a competitive disadvantage for the U.S.. It is the mark of a country that cannot keep its fiscal house in order, does not care about repaying its debts and, [as such, it] may well be heading for collapse. Words: 978
July 10th, 2011 | Posted in Debts/Deficits,Economy | Read More »
Our leaders will eventually face an Armageddon unlike any since the Civil War unless they must either muster the courage — and the support of the people — to accept the pain and make the sacrifices of a lifetime … or face the downfall of America. Words: 1086
August 12th, 2010 | Posted in Economy | Read More »
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