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...Terrorist attack using a WMD that would lay an American city low that would cause a Depression.

Around 2006 it dawned on TABS that it was LBJ who by placing the Sociaql Security Trust Fund into the General Account that started America down the road of deficit spending. Now he knew the how and why of it all.

Also it was a known by TABS and anybody else that had been around CA RE for a decade or two that the RE market was becoming a bubble and a mighty big one at that. The estimate was 25% bigger then any previous bubble. But TABS never reckoned that anybody would be dumb enough not to see it coming, especially the ones who are paid to manage money and asses the risks involved in any investment. TABS was of the opiniopn that it would be another business cycle and that the Stock Market would be the investment of choice going forward as it had already suffered its correction in the 2000 to 2003 period. Little did TABS know.

Which brings us pretty much up to date. Today TABS is of the opinion that America has leveraged up the government credit card pretty much up to the limit. That the banking system is pretty much insolvent due to their poor risk managment. However US corporations in general until the freezing of credit were in pretty good shape with large cash positions on their balance sheets. Yet it is the spending programs, taxation reforms and going Green reforms of the Obama administration that will push the USA over into oblivion.