Home prices aren't our road to salvation. The only way to grow our economy in a sustainable way is to improve our trade imbalance. Export more and import less. The rest is pissing in the wind.

I don't think America has passed the point of no return. But I do think the time for comfy, easy choices has passed. Social security and Medicare are past the point of no return. Cushy public sector benefits are past the point of no return. Cushy union benefits are past the point of no return. An expectation of a comfortable and secure retirement at age 65 is past the point of no return. But America is not past the point of no return.

Welcome to the forum Pepe, good to see ya again. :)

Quote from: Dan on October 02, 2010, 09:06:20 AM
Solar, the allowance for a positive future outcome would go like this. European and Sotho American countries are slashing their budgets. There is a popular movement to do the same here and it's about to win one or both o the houses of our national legislature too. At a minimum we can stop the bleeding and ride out 2 years of gridlock. At beat we can use the role of the House in initiating all new spending legislation to start rolling back some of the damage that has been done.

But I don't want to get into some highly predictable conversation where nothing good can ever possibly happen and we all have to spend pages wallowing in dooms day scenarios where we all have to buy shotgun shells and canned food.

Yep, that's the thing, America and it's Sollar is still the standard the rest of the World uses.
If we hick up, they throw up, they have every reason to see to our success, if we fail, the World will fall into ruin.
But we are no where near the cliffs edge.
I've been saying for months, once the leftists are out of power here, the World will take a collective deep breath.
There is a reason the rest of the free World is rejecting socialist policy, it simply doesn't work.

I see a reemergence of Conservative ideals, fiscal and social, the World wants freedom from oppressive governments.
We will' be just fine, I guarantee it!!! :)

Quote from: Dan on October 02, 2010, 09:06:20 AM
Solar, the allowance for a positive future outcome would go like this. European and Sotho American countries are slashing their budgets. There is a popular movement to do the same here and it's about to win one or both o the houses of our national legislature too. At a minimum we can stop the bleeding and ride out 2 years of gridlock. At beat we can use the role of the House in initiating all new spending legislation to start rolling back some of the damage that has been done.

But I don't want to get into some highly predictable conversation where nothing good can ever possibly happen and we all have to spend pages wallowing in dooms day scenarios where we all have to buy shotgun shells and canned food.

But I already started.... ;D ;D

I say go for silver, it will double, suprised it has stayed at the $20 mark for so long.

I have been noticing the slowdownward tick on the dollar since July since I am on some of the exchange rates overseas, I get less and less of the local 'funny money'.

Billy