YES. We have been on this path for decades, Besides the quotes from George and Thomas this one should send a chill up eyeryones spine.
Marcus Tullius Cicero 106 BC to 43 BC:
The budget should be balanced. Public debt should be reduced. The arrogance of officialdom should be tempered, and assistance to foreign lands should be curtailed, lest Rome become bankrupt.
The only thing that will protect us from becoming another fallen empire is our military strength. We will end up becoming the worlds pirates and raid other countries for our survival. We have yet to see what a world war is but it's coming
Panic in CDS Market to Cause Next Collapse in Equities [View article]
Guys like you come on here and spread doom and gloom to prop up your short positions. There are a lot of companies sittting out there with a ton of cash whose expousre to CDS are minimal at best so go find them and get long. Try taking a positive approach and keep negatives to yourself.
Blame it on the boomers is a kop-out. I bet more gen-x'ers were involved in the hoax of the sub-prime meltdown. If you think future generations will do better your sadly mistaken. Half of the kids leaving high school these days can't even read and a third more don't even finish.
Bailouts Support Survival of the Weakest [View article]
Is America on a Downward Slope? [View article]
Marcus Tullius Cicero 106 BC to 43 BC:
The budget should be balanced. Public debt should be reduced. The arrogance of officialdom should be tempered, and assistance to foreign lands should be curtailed, lest Rome become bankrupt.
The only thing that will protect us from becoming another fallen empire is our military strength. We will end up becoming the worlds pirates and raid other countries for our survival. We have yet to see what a world war is but it's coming
Panic in CDS Market to Cause Next Collapse in Equities [View article]
The Shallowest Generation [View article]