Unsilent Minority

As an American, I have witnessed many events in our nation's history. Some of them great like placing a man on the moon. Some of them were dark and shameful events. No matter what happened, it is the people that make this nation great. Each looking to the future with optimism and looking to improve this nation for all. The United States is a great and wonderful nation and her people are her best asset. As Americans, we need to stand together and let our voices be heard.

Showing posts with label public debt. Show all posts

Friday, September 4, 2009

Is the Dollar Doomed?

Read This Because the Dollar Is Doomed

Brian Richards and I wrote back in March that we thought the dollar might be doomed. That was because:1. The United States has a massive and growing deficit.2. The United States continues to generate significant trade deficits.3. The United States has become oh-so-willing to print money out of thin air to meet its increasing obligations, and to prop up the likes of AIG (NYSE: AIG) and Bank of America (NYSE: BAC).

Given the health care program, stimulus package, bank bailouts, "cash for clunkers" program, we are spending too much money and spending money we really don't have. Take a look at this article on wikipedia. Click here.

Read the article carefully and you will be appalled by what you see.

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