Obama claims the middle class is at a tipping point. Why is he not stopping and Chemical Assault – Scorched Earth that will destroy their health and tangible property?
The end of the year brings the possibility of a blowback recession merging into the 2012 Presidential Election. Herman Cain has exited under persistent claims of sexual misconduct.
The EU has agreed to a treaty that will balance all members budgets save the UK. Today December 10, 2011 is Human Rights Day.
The lack of communication from leadership and their credibility does not foster well for the wellbeing of the human race.
Debased fiat money is monetizing the debt at marginal interest rates that are so inflationary the average person will not repay the principal.
Consider, if a couple were to purchase a $300,000 home in California at 6% they will pay over $600,000 this home after 30 years. They should be earning at least $60,000 to qualify. In San Diego the average family earns about $70,000.
I seriously doubt that at $600,000 per home the average couple will earn $125,000.
Any intelligent person would sell at $350,000 certainly before $400,000 as inflation will crowd out interests and the markets will crash to be propped up by more fiat money.
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