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RUNNIN' ON FUMES

6/3/2012

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Picture

                                          RUNNIN' ON FUMES

                       During during Memorial Day/week, we let our gas tank go to
                empty and ran on the fumes, assuming gas prices would draw down
                once the holidays were over. Runnin' on fumes is a risky way to cruise
                down the interstate.
                       Unfortunately, the United States (as well as most of Europe) has
                been traveling along in a similar fashion since the start of the 21st century.
                       Probably before the month of October, 2012 begins, the U.S.
                will find itself itself $16 Trillion dollars in debt. And there is now a
                50% chance of the Federal Reserve instituting QE3 (Quantitative
                Easing for the third time).
                     
  Unfortunately, neither political party knows how to stop this rapidly
                increasing financial problem. The U.S. draws ever nearer to bankruptcy.
                When you can smell the fumes, empty is not far behind.
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