The Bankruptcy of the United States is Now Certain
It's one of those numbers that's so unbelievable you have to actually think about it for a while... Within the next 12 months, the you.S. Treasury will have to refinance $2 trillion in short-term debt. And that's not counting any additional deficit spending, which is estimated to be around $1.5 trillion. Ref. Source 6
America's Forgotten Depression and the Roaring Recovery
Progressives need to re-write history because their track record isn't all that good. For a complete list of successful progressive ideas, print out this email and the list of 'successes' will be on the back of the printout. The history books conveniently leave out stories when it doesn't help push the progressive agenda. That's why we need to Restore Honor in this country because people should know all sides of history, not just one. Check out this story that you were most likely NEVER taught in school. In a special to the Glenn Beck email newsletter, author Larry Schweikart explains what caused and what got us out of America's forgotten depression. Ref. Source 4
I believe that while we have Obama in office the United States and Europe will fall on serious hard times. I think even China will be pressed. Some of the people who want to stick their head in the sand and not believe it is going to happen are going to get a very rude awakening.
Why The Greater Depression Still Lies Ahead
By Michael Pento
Messrs. Barack Obama, Benjamin Bernanke and Timothy Geithner do not understand the real cause of this debt crisis. They are politicians first and economists or students of the market second--if at all. Therefore, it is not wise to count on them to tell us when the Great Recession is over, or to provide a plan to prevent another one in the future. Ref. Source 7