Monday, January 17, 2011

economic crisis worsens

coffee
Smell the coffee and wake up. Property prices are still in decline across the board in america. However, we see inflation in both food and energy. People are paying at the pump. Expect oil to rise over $100 per barrel this year.

OK so many small banks have very severe balance sheet issues. Why does our gov not give them some money. Perhaps, because government bailouts are only for the too big to fail banks that have friends in congress. Citizens, we are FED up. Instead of realizing we have a problem, the only thing a debunker can do is giggle and say - everything is fine and you are a nut case.

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