Erskine Bowles Testifies On 'the Most Predictable Economic Crisis' in History

[mcstaford]

EAT A DICK, FORESKIN BOWELS!!!!

[Garyscott7]

My head keeps playing Roy Orbison 1964 - "It's Over". No election is going to change this.

All the puppet legislators are going to do is raise every kind of tax and fee to keep their friends in champagne, while they feed us cows more inflation & BS until the end.

Stock up.

[SFLTroy]

Food, water, toilet paper, and ammo. Thats all I need. I started buying silver last year when it was $20 dollars an ounce. Now its almost at $40. Beat that stock market!

[lucy9359]

@SFLTroy I would however sell it before it goes to because I believe that everything including gold and silver and all will crash...there will be no way to pay anything to anyone who owns it leaving it worthless. Argentina Americatina same thing. I live in Canada which will becoem Canatina when you fall some deny this but we are not going to sustain our current economy without you all!

[jeffmonc2]

@zimbotiger No argument from me - the paleo conservatives are the only ones that seem to care.

[PatricksTime]

you don't have to be a genius to know we are in bad shape!

you don't have to be a genius to know that they won't and can't fix it!

silver and gold is all you can depend on

[jeffmonc2]

Right now Democrats act like Republicans are acting irresponsible with this shut down of government, but huge deficits that will pass the cost of our benefits for us on to our children is REALLY irresponsible.

[clayguy1]

The United States Bullion Depository holds 4,603 tons (4,176 metric tons) of gold bullion (147.4 million troy ounces[1]). This is roughly 2.5% of all the gold ever refined throughout human history. Even so, the depository is second in the United States to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds 5,000 metric tons of gold, some of it in trust for foreign nations, central banks and official international organizations.

[apelove4u]

@clayguy1 Prove it. There has not been an inventory since the 1950's.

[clayguy1]

@apelove4u I realize that.. isn't that a bit scary?

[1Guitarslayer]

Audit the Fed

[younitehumanity]

This is the debt of the U.S....not the debt of the people. The Unted States is a Foreign Corporation (Kitchens vs. Steele)...not a country. Only Corporations have presidents and vice presidents. Good luck U.S. trying to pay this one off.

[akai1sora]

Sounds like Peter Schiff and Ron Paul!!

[vincecate]

When people stop buying US debt the Fed will print for the full deficit and all debt coming due. There is a huge amount of short term debt, so something crazy like $6 trillion comes due in 12 months. So the money supply will explode and the world will get hyperinflation.

[Brantoc]

Sad thing is, Ron Paul will win the nomination and be torn apart as an admitted isolationist who wants to remove our military from everywhere, and Obama will win reelection by 20 points.

Or Romney will win nomination and run on a platform of a new stimulus, and keeping ObamaCare and it won't matter who wins.

[1betrman]

How do you say got Silver got Gold in Mandarin?

[grandmastergooch]

our country is led by dumbasses and guess whoes going to bite the bullet? John Q Taxpayer!

[nakor667]

Hey congress:

STOP SPENDING MONEY WE DON'T HAVE!

[younitehumanity]

@nakor667 The "Money" is fake...they just print it and if they need more...then all they have to do is to print more.