Monday, November 3, 2008

End of the US 2009 Bond

http://baltimorechronicle.com/2008/110308Lendman.shtml

I have been telling people that the spending of the US goverement can not continue on the pace it is at. There just arent enough buyers to support the massive printing of treasuries we are seeing. If you think the article is scary, please review 1933 when it almost happen. Roosvelet was foreced to seize gold to prevent the US from a default. He was lucky. The next president will not be. I am so sorry for whom ever that will be.

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