Glad you posted this. I think there are many people, including myself, who have been bringing this up someplace every day. We can not afford all this pork, national health care, stimulus packages, bail outs etc. What is the answer? The US government will print more money and devalue the currency. Inflation will go through the roof. It will rob everyone of us of our investments and savings. Think about your investments that are paying for your retirement. I will use $100,000.00 to keep the math easy. Just multiple it by the number of 100K's you have. The stock market has reduced most of your investments by 25% to 40%. Say 30% average so your 100K is now worth 70K. Inflation over the next 3 years at the current COMMITTED spend will have to be in the range of 23% a year because the money will have to be printed. This is using your numbers. In 3 years your 70K will be worth only 21K of buying power. Now how will you pay for retirement with that? You can't. You have now had your wealth destroyed, and you have to depend on the government to survive. It's called wealth redistribution. Seems we were made a campaign promise about that. Those who have something have lost almost everything and those who had nothing have lost nothing. Please everyone, go read Karl Marx. He lays out the blue print to destroy a nation and our leadership is following it chapter and verse. And sadly we were told that was the plan, but either no one believed him or refused to accept it. Is this the change and hope you wanted?
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