Tuesday, June 28, 2011

ITS NOT TAXES...OR ENTITLEMENTS...ITS THE SHRUNKEN ECONOMY.

THE US ECONOMY HAS SHRUNK OVER THE LAST FEW DECADES...AS MORE OFFSHORING...AND BUBBLE ECONOMICS TOOK OVER...

THIS IS BEHIND THE RISE IN GOLD AND OTHER COMMODITIES...

PRICED IN GOLD THE US ECONOMY AND THE DOLLAR ARE SMALLER NOW THAN EVER...

THE RICH ARE NOW MEGA-RICH...AND MOST OF THEM ARE LEAVING FOR OFF SHORE HAVENS OR TO ASIA...

THIS SHRUNKEN ECONOMY IS THE REAL PROBLEM...AND THAT IS SOMETHING CONGRESS CAN NOT FIX EASILY...

MASSIVE WAR AND DEFENSE CUTS WILL BE NEEDED...TAX HIKES ON THE BLOATED RICH AND CORPORATIONS...AND A NEW SOCIAL SAFETY NET THAT IS MEANS TESTED...WILL BE THE ONLY WAY OUT...