and then, nice post. There are several bubbles that have not yet burst. We saw the dot com burst from 2000 to 2002 where 5 trillion was lost. We are still dealing with the housing bubble. Just yesterday, we learned that the FHA could be in debt to the tune of a trillion dollars. There are many bubbles out there that we do not see, but if busted will help to bring the entire country down to dust. The only person able to pick up the pieces and start a new system will the the president, no matter when this happens, it will be the party in power that will reshape our future.
I believe the people at the top all know that this country is headed for a hard crash. Will it come at 18 trillion debt or 45 trillion? Does it matter? Never let a serious crisis go to waste. Obama is ready to pick up the pieces of a broken country. The question is, is he helping to make the crash look like the work of the tea party and repubs, then rush in to become our new national hero?
The only thing I see clearly is Obama pushing the repubs and our constitution over the cliff.
Remember, Obama has the magic "Executive Order" pen. He can raise the debt ceiling with one stroke if we face a cash flow problem with running the country.
Edited by Pyridium, 07 December 2012 - 04:25 PM.