Besra Gold Inc (BESAF)

[Spellbound]

Wall Street Journal: Budget Deficit Has, in only 14 months, Soared 500%

Ref - http://online.wsj.com/public/article/SB122506830024970697.html?mod=wsjbadge_ttf_wwwwsjradiocom

Unfortunately in this world there is no tooth fairy. And the government doesn't create anything; it just redistributes. Whenever the government bails someone out of trouble, they always put someone into trouble, plus of course a toll for the troll. Every $100 billion in bailout requires at least $130 billion in taxes, where the $30 billion extra is the cost of the government getting involved. If you don't believe me, just watch how Congress and Barney Frank run the banks. If you thought they did a bad job running the post office, Amtrak, Fannie Mae, Freddie Mac and the military, just wait till what they'll do with Wall Street. Some 14 months ago, the projected deficit for the 2008 fiscal year was about 0.6% of GDP. With the stimulus package last March, the add-ons to housing and agriculture bills, and the slowdown in tax receipts, the deficit for 2008 actually came in at 3.2% of GDP, with the 2009 deficit projected at 3.8% of GDP. And this is just the beginning.