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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (76388)	3/17/2008 5:10:08 PM
From: RealMuLan	Read Replies (2) of 116555

”* David Walker, former U.S. Comptroller General (and one of the main focuses of our documentary, I.O.U.S.A. ), gives us another reason to sell the United States. The U.S. “financing gap” – the difference between what the U.S. government can reasonably expect in revenues and what it has committed to pay out – is growing by $2 to $3 trillion per year. Since George W. Bush took over in the White House, $20 trillion has been added to this deficit. * Politicians can’t get away with anything anymore – except killing people and destroying their nation’s economies. “I don’t get it...” said a French businessman over lunch on Friday. “In fact, I don’t think any of us get it. You’ve got a guy – the governor of New York – who hires a prostitute. He gets caught and has to resign. But the President of the United States lied to the American people and started a war in which thousands have died...a war that is so expensive it threatens to bankrupt the entire nation. How come he doesn’t have to resign? Strange system.” …” Bill Bonner The Daily Reckoning

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