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Simple fact is some states eventually will be unable to fund these obligations. Several are already there. I would be uneasy if I was one of these pensioners and realize the picnic may be nearing an end. Bailouts will continue until there is a full-blown crisis.

Words of wisdom. Lol.:D

Which church will be in charge? Personally, I don't want someone else's denomination making the rules and telling me how to live.

Yes, that is what we keep hearing, but the chart continues to make higher lows.

Gold at 250 to 500. Does this man not understand the currency turmoil that is destined to come? Shorting everything in sight is a risky bet.

So you looked it up like I told you to?

Google it. The term was coined in 1973 at the close of Nixon's tenure.

Neo-con cult started as far back as Nixon with Erlichman (Hank Paulson's first boss), Halderman and other assorted convicted felons. It would be incorrect to label Reagan and even Nixon as neocon, although some of their lieutenants were. Reagan pulled us out of a slump, no doubt about it...

Yes there was talk from some back when he was in office that he would ruin the country. Best eight years business-wise I ever had although the Clinton years came close. The problem came later with bushite and his gang of neocons. Apparently Reagan had some bad association.

Men of Reagan's stature no longer exist in the US. Good luck on fixing it with the keystone cops.

The problem with the SBC is they feel they are the only church that has God's ear, which is laughable. But you are steering him in the right direction.

Americans seem to have forgotten this point. Or maybe the corpratists have just sold us down the river.

The Ex-CEO of GS knew exactly what he was doing. A liar like the rest.

Only chance is if gov't spending drops markedly, tax revenues rise and the economy and unemployment stabilize and turn positive.

Don't know the particulars, but other nation's borders are tightly guarded, unlike the USA. Sounds like someone messed up.

It is just "less" worthless today than other currencies. Give it time and see where it is a year from now. Same old flight as in 2008 when your stock portfolio fell apart.

Lol. What kind of baggage will "Miss Settle USA" bring to the table? Temper tantrums, prescription drug dependency, offspring one step away from jail?

I have not watched since July. Couldn't imagine them getting any worse. Pathetic channel.

Entirely different time and culture. Hendrix served in the military ironically before forming "Experience".

Yeah, that is where banking should be headed anyway, back to the local communities. The problem is, a lot of those went down in the 1930s. Who knows how things would sort out today if the behemoths vaporized.