In response to:

Prepare for Fiscal Doom

yachtsman388 Wrote: Nov 15, 2012 3:40 AM
"Prepare for fiscal doom"? I'm still preparing for a Romney presidency.
Steve539 Wrote: Nov 15, 2012 9:33 AM
There is that silly Dinghboy388 again. He is so glib with his catchy phrases.
Charles SWVA Wrote: Nov 15, 2012 6:51 AM
garbagescow388: Didn't you notice, Rmoney (oops - typo) lost? I guess the stench of garbage has so dulled you senses you think you are a yachtsman.

OK, perhaps doom is too strong a word, but then again, perhaps it is not. 

In either event, 2013 is not shaping up to be a banner year for the economy. And it’s not just or even mostly because of the fiscal cliff.

Our financial system is not stronger now than it was in 2008 when it finally collapsed under the weight of crashing real estate prices that fell all the harder because they were ballasted by plenty of government guaranteed debt.

In fact, prepare right now for the Next Great Bailout. Because this time around, the federal...

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