We're spending 25% of our taxes on servicing the debt. You'll see what happens when they start debating the 2012 budget. I am not optimistic. I don't think they turn the ship around. You need to hold some gold and silver for insurance, if nothing else. The Congressmen and lobbiests have bankrupted this country. God save us, and our future generations. I'm not selling my SLW.
The unfunded liabilities will bury us. They need to cut back on social security, medicare and medicaid, plus the military. They don't have the will to make these cuts. If Obama gets elected, I would be 100 percent in precious metals.
I agree with cutting back the military. Cut them back far enough that we don't start anymore wars we haven't the money for. Ron Paul was the only member of Congress that would have pulled all our troops out of Afganistain and Iruc. He even said it was time to pull our troops out of Europe as WW11 has been over more then half a century. Now our nation sits on the precipice of insolvency. Each party blames the other when they're two wings of the same bird.
You got it. All governments... Fed, State and Local quit spending money we dont have. Cut ALL programs 10% to start.No favortism/no pork barrel politics. I agree if Obama gets in again I'm also in 100% precious medals but also guns, ammo and MRE stored food,water, vitamins and any needed meds.