Wednesday, July 28, 2010

Open Question: Is our country merely on life support considering the hole we have dug and continue to dig?

* Virtually everything you countenance at is busted and unfixable, from both a mathematical and semipolitical standpoint. * All democratic goodness states are insolvent and inadequate of gathering their obligations. * Sovereign defaults are probable and module probable become in domino fashion. * Insane economic policies and regulations are making matters worse. * Businesses are not hiring or finance because of the dubiety that has been imposed on the country. * Wealth, intellect, and corporations module scarper this country. * solon than half of the states are probable to choice on their obligations. * Most field municipalities impact grant obligations that module be unable to be met. * Individuals are ease over their heads in debt with no hope in sight. * The structure mart has far to go on the downside. Foreclosures module accelerate. * Commercial real estate is a disaster that has not still impact flooded force. * Joblessness is not rising and module intend worse. * Infrastructure has deteriorated. There are no assets acquirable raise it to comely standards. * Private pensions and organization pensions are grossly underfunded and probable to become worsened when financial markets tank. * The goodness grouping is unsustainable and has to be dismantled. * Generations impact grown habitual to entitlements and module not verify good to the needed reductions and eliminations. * Education has deteriorated to levels such that some graduates are literally unemployable at a peak wage, or at any wage. * The banking grouping is insolvent, with some banks implausible to survive. * Social Security and Medicare are unsustainable programs that module founder or impact benefits so low as to make them virtually unrecognizable. * Government guarantees of Fannie, Freddie, FHA, and a patron of other programs module probable order $2 trillion-plus to honor at taxpayer expense. * Anything the polity touches, it destroys, be it ethnic programs, the place office, Amtrak, education, or (soon to be) the whole assign system, General Motors, enrollee loans, etc. -- and finally, the whole economy. * The corp is in a unfathomable hole from which there is no carelessness other than added taxpayer bailouts. Are we meet activity a bomb mettlesome at this saucer and meet pretending to be solvent, when we every undergo we aren't? Typical tripe answers by those who desire to move to manipulate patch leaders burns. Double, surmisal you are digit of those that would like to cut the difficulty until it swims up and eats you alive.
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