Government and personal liabilities average $668,000 per household! I don't know about you, but I don't make that kind of money. Taxpayers are on the hook for an extra $55,000 a household to cover rising federal commitments made just in the past year for retirement benefits, the national debt and other government promises, a USA TODAY analysis shows. http://www.usatoday.com/news/washington/2009-05-28-debt_N.htm
I have no idea how accurate those numbers are, but if anything, they are probably understated. I just can't see higher taxes, increasing socialism and wide open illegal immigration leading to a roaring economy and lower government deficits. It's obvious that rates cannot be increased enough on income to pay for all this. When Obama told Joe the Plumber of his intention to "spread the wealth", he gave us fair warning where they will go for more money. Your savings, IRA, 401k, portfolio, etc all are in the crosshairs of Obama and his crew. This is change you can believe in.
Im converting all my money to gold and mint M&Ms Geoff ===== aka Cajun Sniper Trader/Administrator http://PureTick.com
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