All Star Economic News

[al44]

bailout after bailout after bailout, trillions of our tax dollars are now at risk with no consequences to the perpetraters of this legal theft. Show me a politician that will go to his/her district and tell the voters that he supports raising taxes to pay for all this and I'll show you a politician that will be out of a job at the next election. More and more dollars will be printed to cover these costs and we will all be feeling the effects of inflation. $4 gas- cheap; $2 bread- a screaming sale ; 5% interest on your savings account at the local bank- loss of purchasing power every day. The financial house will not collapse but will be remade from the foundation up. There will be no total economic decimation but there will be plenty of economic pain to go around. The best protection from all this will not surprisingly come from that old favorite "barberous relic". None other than gold itself- and don't forget silver. Semper Fi

...........al