BAD NEWS AT HOME
WASHINGTON - Our fiscal leaders who have no control over our government warned us last week that federal debt of the U.S. is heading toward record levels at a faster pace than previously predicted, a situation that requires decisive action to avert long-term moment by moment consequences.
These admonitions have come together as a series of high-profile featuring the director of Congressional Budget Office Representatives, the director of the White House budget office, and a pair of Federal Reserve chair members including Alan Greenspan and the current chairperson whom we will not mention by name.

All offered to put the brakes on, but can not do a living thing about our stupid government. They said that if we don't get the spiraling debt under control, then we have to face the prospects of steep tax increases, ridiculous spending cuts, and total economic turmoil at the hands of the tax paying citizens who are already sick of out of control government spending.
Barack Obama has spent 9 times more in 9 months to aide the economy out of it's woes than the past 6 Presidents combined since Franklin D. Roosevelt. Chairman Ben Bernanke claimed that "The arithmetic is, unfortunately, quite clear. To avoid large and unsustainable budget deficits the nation will be forced to choose between raising taxes or reducing benefits in the programs that are causing the debt levels to rise, chiefly Social Security and Medicare.
What is going on here? We have to rob Peter to pay Paul. The current system was fine, but now that we have government that is turn to Progressive Socialism, our current governmental officials are starving the "Capitalistic Pigs" so to speak to cut their throats to float the boat for "Cry Babies" looking for a free ride.