The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lizzie Tudor who wrote (107473)	3/12/2008 7:10:34 PM
From: Peter V	Read Replies (1) of 306849

Holy Crap! You better read this. The GAO is telling it like it is! No wonder Walker resigned. I'm guessing that with the usual gloss that this administration puts on bad news, we are in deeper shit than this reveals. Fiscal Year 2007 Financial Report of the United States Government gao.gov This may not be new, but it's the first I have seen of the whole report. The link has links to the whole thing as well as various parts. Check out the Citizen's Guide for the simplified summary. The first chart is titled "The Government is on an Unsustainable Fiscal Path." Yet somehow it decided to take on a whole shitload of private debt with its liquidity injection. And Bush want to make his tax cuts permanent, but won't demand that Congress balance the budget. No wonder Jim Rogers moved to Singapore.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next