Re: Depression, inflation, economic collapse

On Jul 2, 2:43=A0pm, "Rod Speed" <rod.speed....@[EMAIL PROTECTED]
> wrote:
> billimmel...@[EMAIL PROTECTED]
 wrote:
> >http://www.youtube.com/watch?v=3DZWimUcnJu_g
> > In America's economic pipeline, not a single positive event
forthcoming=
.. You
> > might consider getting out of the stock market at least until after
the=
 election.
>
> Or you might actually get a clue about what drives the market.
>
> Fat chance.

=46rom where do you get your optimism? Public debt is above $9 Trillion!
Here is the scoop on just 2 government programs.

"The 2008 Social Security and Medicare Trustees Re****ts show the
combined unfunded liability of these two programs has reached $101.7
trillion in today's dollars! That is more than seven times the size of
the U.S. economy and 10 times the size of the outstanding national
debt. The unfunded liability is the difference between the benefits
that have been promised to retirees and what will be collected in
dedicated taxes and Medicare premiums. Last year alone, the size of
the debt rose by $11.5 trillion. If no other reform is enacted, this
funding gap can only be closed in future years by substantial tax
increases, large benefit cuts or both."
http://retirementreform.org/socialsecurity/brief-analysis-616-social-securi=
ty-and-medicare-projections-2008