Government Fraud, Government Waste, Out of Control Spending

Floating Rate Notes – Are Interest Rates About To Rise?

A fascinating must-read from our friends at ZeroHedge.com. Manmohan Singh contends there is simply not enough collateral to keep the global monetary system afloat.

Really? Is it any wonder that this would be the outcome of our elected officials continuing to spend trillions more than we take in?

In this election year, there will be a resounding push from Democrats to raise taxes on the ‘rich’.

The problem is, the bureaucrats have wasted the trillions they’ve already taken in from the ‘rich’ and there is simply not enough money left in the hands of the rich to overcome our massive debt.

And even if they raised taxes on EVERYONE, do you think they will curtail their spending???

About TaxFootprintUSA

Here to shake your hand...

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s