At this point....without restructuring debt, it seems that War is the likliest way out of our mess. Basically, with so much toxic debt infecting our economy, and much of the world's economy, and fewer and fewer able to service debt because banks cutting off credit......clearly war is the most logical choice.
Based on a little birdie and 11.10.9 Feeling.....we should hear about a massive American troop build up over the next few weeks in the Af/Pak region. What better way to show you are the Peace President than send a massive amount of soldiers to keep the peace?
In addition, based on a few reports.....it appears things may be heating up...again... between the Israelis and Hizbullah in Lebanon.....such a flare up would be a convenient segway to spread such conflict into a broader regional conflict including Iran.
The problem with engaging Iran is Russia and China have mutual diplomatic and economic ties with the Persian government. But what the heck, if we are going to go to war....let's do it BIG. What better way to destroy a bunch of outdated infastructure and set a clean foundation for future growth?
At this point, based on evaporating revenues to our most important corporations....and massive distress to our small and midsize businesses that employ many of our citizens, it appears now is time to restructure.....
Government is running out of money, pensions are running out of money, businesses are running out of money, and families are running out money.....the FDIC is broke, so is FHA, and Pension Guaranty.......if the banks are not lending, what other choice do we have???? Go Hungry because the bankers cut us off???
If we keep printing to keep this charade going...Oil might hit $1000 per barrel and that would simply be unacceptable.
If we do increase the troop build up in the next few weeks...you think there there might be a reconsideration???
Majority of Nobel jury 'objected to Obama prize': Three of the five members of the Norwegian Nobel Committee had objections to the Nobel Peace Prize being awarded to US President Barack Obama, the Norwegian tabloid Verdens Gang (VG) reported Thursday.