Things are getting rough and we are entering a depression where we may see unemployment rise to 15% or more. Prices are falling and corporations are closing down.
We need to watch our 401(k)s and avoid taxes at all costs. A massive tax hike and more social spending will worsen any depression and cause a full scale collapse of our economy.
The idiot Brits and their stick stooges have trashed their system with crap like this:
England Votes 648:5 to Ruin Their Economy! A Lesson for California for Greatness
http://rycksrationalizations.blogtownhall.com/2008/10/30/en gland_votes_6485_to_ruin_their_economy!_a_lesson_for_califo rnia_for_greatness.thtmlThese fruitcakes are insane.
I fear that Bush and Paulson are giving money away to Europe via the IMF or whatever [credit currency swaps?!]
What we have left are our 401(k)s and other assets and they will be targeted, directly, with new taxes and fees.
Recovery will be tough, but McCain will not tax us to death as Obozo will.
Obozo might just start nationalizing auto and other industries. The economy will fully collapse and inflation will soar beyond belief if he gets a chance.
I don't know how many Democrats have the brains to resist Obama and Pelosi and other Marxists.
We shall see...........
rycK