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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (76592)	12/26/2006 5:48:28 AM
From: westpacific	Respond to of 110194

Every American needs to read this...... fms.treas.gov What is it? A report from your own US government. ""Despite improvement in both the fiscal year 2006 reported net operating cost and the cash-based budget deficit, the U.S. government’s total reported liabilities, net social insurance commitments, and other fiscal exposures continue to grow and now total approximately $50 trillion, representing approximately four times the Nation’s total output (GDP) in fiscal year 2006, up from about $20 trillion, or two times GDP in fiscal year 2000. As this long-term fiscal imbalance continues to grow, the retirement of the “baby boom” generation is closer to becoming a reality with the first wave of boomers eligible for early retirement under Social Security in 2008. Given these and other factors, it seems clear that the nation’s current fiscal path is unsustainable and that tough choices by the President and the Congress are necessary in order to address the nation’s large and growing long-term fiscal imbalance."" And read this statement: fms.treas.gov ""The accompanying statement to the report, David Walker, Comptroller of the US, warmed up his audience by stating that the GAO had found so many significant material deficiencies in the government’s accounting systems that the GAO was “unable to express an opinion” on the financial statements."" Remember - EVERY government in history has opted to "print its way out of trouble" Which means - watch gold and if the stock market rally continues it means we are entering HYPERINFLATION.....got gold and stocks! You had better or will lose a big chunck of money to inflation. You have to put your money in good, solid companies and let it ride up, you have NO CHOICE! I ask myself, is this a bad dream? Why would we allow ourselves to get in a situation like this.......why, we elect leaders that are outright incompetent!!!! We are in for some major pain in this world, our children will not see the same nation. And lets hope in the next round, we elect leaders that can lead. Kennedy, Napolean, both hated DEBT and both wanted control of the currency! READ THIS, PASS IT AROUND, ASK others - W H Y! AND BE MAD! Why - outright greed and laziness........ West