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Pastimes : The Philosophical Porch

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From: westpacific10/15/2010 11:51:36 AM
   of 26251
 
Euro rally looks to be finished; France strikes continue; running out of gas at the pumps across the entire nation.

20 Euro limit on fillup at most stations...

All refinery facilties shut but one! And government says they will not allow the strategic reserves to be touched; a 3 month supply of fuel.

They have a big two week holiday coming up in one week and the Unions are not going to back down until the government does.

Commerce about to grind to a standstill and potential of empty shelves at the markets...

All this because of giving up 2 years of retirement; imagine when the banks go bust and/or the pension system itself...

They will burn the place down!

Even the kids in the high schools are taking to the streets, knowing when they retire the limit will go from 60 to 70 or higher before they get their pension...

No doubt this is the fear of the FED stateside! And notice how this is not making news on Marketwatch or any other US media outlet!!!!!!

Will this happen when they tell you your 401K is being taken for the good of all and being invested in US debt?

West
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