[Moneyguy1]

tabs:

You took this long to come to this conclusion?

I would disagree in part about the invasion of Iraq not being in part at fault for the economic meltdown. Instability in the Middle East has been heightened and the price of energy affects the cost of just about everything. Where are all these dollars going? In whose hands are the billions extra we pay for this energy? Granted, others are competing for the same resources, but that is only part of the equation. Your post goes very well with the other thread "How long do we have?". The deficit has been pooh-pooed by so many on this BB as well as so-called "experts" I love watching Whats-His-Name who, even today, said the American economy is "The greatest story never told". How much do we pay annually in interest on all that borrowed capital? Where are the leaders of industry when it comes to paying for the war? "Don't raise OUR taxes. We pay enough". Well, if they believe in the mission, why are they not willing to sacrifice in order to keep it going? Lemuel Guliver would have a field day visiting his strange land and trying to fathom the logic under which it operates. And, P.T. Barnum could make a fortune selling his services to Washington.