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1. since 2009 the obama administration has been bailing out banks,corporations,unions,and wall street. they have effectively propped up the collapsing economy like the leg on a broken stool. now they have officially run out of tricks. by mid 2011-2012 every American will see the full effects of the collapsing economy. millions of jobs gone,millions more on welfare,food stamps,homeless shelters overflowing,collage grads cant find jobs.the list goes on and on and on.　
   Medicare faces trillions of dollars in unfunded obligations the true negative net worth of the federal government was $70.7 trillion in 2009, because of unfunded obligations in Social Security, Medicare and Medicaid. the total U.S. obligations, including Social Security and Medicare benefits to be paid in the near future,will effectively place the U.S. government in bankruptcy.

   bow77666 on January 15th, 2011 at 11:42 pm

2. Well said bowlan! Thank God for Mr. Celente, no?

   stjaneve on January 16th, 2011 at 3:56 pm

3. Hello Gerald, you said Bernie Madoff is the only Wall St. criminal to go to jail. Yeah, you know why, don’t you?

   Its because Madoff injured the rich boys! That’s right, his ponzi scheme torpedoed a lot of rich and powerful people, and got a whole lot more involved in a web of restitution suits.

   Those people wanted payback, and that’s why Madoff went to jail eight seconds after his scheme collapsed!

   But the rest of them? JPM, Goldman, BoA, et al.? Who got hurt? Nobody! They got bailed out! Their people were riding high!

   The only victims were the little people! Tax payers, foreclosed property owners, regular joes. If Madoff’s scheme had ripped off us, he’d get an SEC fine at the most, and a TV show to boot!

   veldes1 on January 19th, 2011 at 6:50 pm

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