What are we not talking about today?

Birth Certificate dump…

Debt Ceiling…


Denninger: These facts and needs are not optional.  We are headed straight for a brick wall at 100mph.  The dollar is in freefall as a direct consequence of the acts of our government.  The currency’s strength is determined by the belief in the market of future ability to levy and collect taxes, for that is all that the government has as a means of funding.  The market is telling you that this ability is in serious doubt, as the government continues to run up the credit card and its outstanding debt as compared to its income has risen to ridiculous levels.  We have some $14.28 trillion in debt outstanding right now, but the federal government only collects about $2.1 trillion a year in tax revenues.  That is, we’re in debt as a nation nearly seven times our income.

Consider what we are not discussing today, and you will recognize what “They” think is important.

Sparklies: Here.



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s