In response to:
ann is getting pretty close to the truth.
however, she needs to take the final step and realize that the only possible solution that MIGHT stop the inevitable collapse is a balanced budget amendment that will require a 75% percent majority of all members of both houses of the congress to pass legislation allowing the federal government to borrow anything for any reason.
of course, that is not going to happen. the collapse is imminent and inevitable. that is what ann needs to add to her calculations. then maybe she can start to use her influence to help more americans understand how best to protect themselves in the coming era of extreme economic turmoil.
One bright spot of Barack Obama's re-election was knowing that unemployment rates were about to soar for the precise groups that voted for him -- young people, unskilled workers and single women with degrees in gender studies. But now the Democrats are sullying my silver lining by forcing Republicans to block an utterly pointless tax-raising scheme in order to blame the coming economic Armageddon on them.
Democrats are proposing to reinstate the Bush tax cuts for everyone ... except "the rich." (Why do only tax cuts come with an expiration date? Why not tax increases? Why not...
put your wealth in to non-perishable tangibles. that is my counsel. i cannot make anyone accept it. but, i offer it freely and believing it is the best counsel i can give.