QUOTE OF THE DAY

"When I was young, people called me a gambler. As the scale of my operations increased I became known as a speculator. Now I am called a banker. But I have been doing the same thing all the time." Sir Ernest Cassel (1852-1921)

We quote the Sir Ernest because today the United States is the subject of the quote in reverse . The United States was once the Banker to the World, then they began speculate (Fannie Mae, Freddie Mac, Federal Banks, State coffers, etc) and today we have reached the level of gambler.

We are trying to bluff the rest of the world regarding us paying back the debts we owe them. So far we have done a great job, but there is a written rule in gambling - the house always wins. Today, the rest of the world is the House and we are on the arm (in debt) while holding a losing hand. We never played the game correctly.  We tried to make our own rules, but the rest of the world is catching on. Most of all we did not take Kenny Rogers advice, " You got to know when to hold 'em, know when to fold 'em, Know when to walk away and know when to run. You never count your money when you're sittin' at the table...."

The failure of Greece was a Godsend for us because the rest of the world took their eye off the ball. Greece is the size of Ohio, small fry, we are the enchilada grande. When we go, it ain't gonna be pretty. So "WAKE UP AMERICA", the days of wine and roses are over. We do not say this with a grin on our face, we say it with tears in our eyes.

 A FUZZY HAZE IS HANGING OVER THE WHITE HOUSE, SOON TO ENGULF THE REST OF THE NATION.



One thought on passing, daily we think about the lying Senators and Representatives who are collecting pensions paid for by the tax payers. These criminals need to be tried and convicted of their crimes against the American People. Does anyone out there have the fortitude to bring them to justice? That is the question of the Tea Party? Until that happens we will not be free.

 

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