They must know of some plan to put the U.S. into the black within short order or they already know the dollar is headed for the ashbin of history and plan on facilitating the process for its replacement by destroying its already questionable value asap.

There’s no discussion of balancing budgets, reining in earmarks, or any other profligate spending on their collective part.

Dubai just this week told its creditors that there would be a delay in payments on their 60 billion dollars in debts causing capital markets to swoon.  Granted Dubai attracts high rollers and all was well with oil’s moonshot to the $140 bbl range, but even with oil in the 80′s, things are not well in the “oil patch”. 

Even mighty Saudi Arabia is in trouble servicing its debts. Considering how many years they’ve been bleeding the West white for oil and its derivatives, you’d think these entities could pay cash for everything and have the “deed” pinned to the tent wall… )

So where has all the money gone; ie., up in ’smoke’, luxuries and other nickel dime ‘beanie baby’ crap no different than Western shopaholics except theirs is on Bentleys, Piaget’ watches, 100 million dollar yachts, obscene ‘bling’ etc.? 

Our fearless non-leaders claim they are going to save us $130 billion per annum concerning “deficits” (more debt) while spending $849 billion (more debt)!?  I’m getting a bit swimmy-headed at this point in that all of the discussion is on the “red ink” side of the ledger; ie., lotsa debt still, but less so which means more savings and better for us…huh?!

Between broke-assed arabs and lying Congressmen, I’d say the world at large is in one hell of a fix…no?

Any U.S. citizen that owns their home outright, deed framed on the wall and has a couple hundred bucks in cash and coins with no CC debt is a wealthy person compared to these jive, broke-assed turkeys “all”… : |

Carl Nemo **==