Will America Become Detroit??????
Under the current Zombulation Policy, much of America may become just like Detroit....but this time America may not have America to help it out like Detroit.
Thousands Line Up For Stimulus Money in Detroit...
DETROIT -- Detroit's homeless and low-income residents have another opportunity for a chance at millions of stimulus dollars.
The money is available to help low-income residents from becoming homeless and homeless residents to find housing.
Thousands of people lined up Tuesday.
Some people in line falsely believed they were registering for $3,000 stimulus checks from the Obama Administration.
Just like Detroit was dependent on the Auto Industry, America is dependent on the Domestic Leveraged Consumer. Without massive borrowing, America really doesn't have much of an Economy....whether it be consumer borrowing or government borrowing.
And without having the reserve currency, America will have a tough time borrowing.
And guess what the world is up to right now????? Pretty soon, Obama will be facing one of two choices, restructure our economy or attack the world............let's see which one he picks.
Illinois Unpaid Bills Hits Record High; Tax Revenue Plummets...
The State of Illinois' pile of unpaid bills has grown to a record-breaking $3 billion. Comptroller Dan Hynes said Tuesday it's never before been this bad at this point in any previous fiscal year. CBS 2 Political Editor Mike Flannery reports that some social service agencies that rely heavily on state reimbursement warn they will soon be forced out of business.
For those of you who think this is like previous recessions.....just as the article states above....it has NEVER been this bad as we have NEVER had this much debt nor dependent on credit to function......and conditions are this bad while we are still able to borrow........what happens when we are forced to live responsibly and within our means and have to pay back a massive amount of debt to the bankers as we bail them out??????????
You think people are angry about health care "REFORM"...just wait until they find out there is no money for health care.
It is simple math my friends.....and in the end....the numbers add up.