[newzjunkey]

this nation's financial house is bordering on collapse.

It might look that way from New Jersey but it certainly doesn't appear to be an accurate description of the nation's state.

[Alberta's Child]

Just look at the massive budget deficit this country is currently running, and consider two things: 1) foreign investors are probably speculating that the U.S. government is likely to engage in a deliberate inflation of the dollar in the coming years to "pay down" the U.S. debt, and 2) the costs of the war efforts in Afghanistan and Iraq aren't even included in the official U.S. budget figures, which means the REAL budget deficit is actually much higher than the massive deficit we think we have.

Let's see . . . the U.S. absorbs enormous costs related to military campaigns overseas, while at the same time undertaking an enormous expansion of Federal entitlement programs and other domestic spending. Sounds like the late 1960s and early 1970s to me. And there are people out there who are far smarter than I am who recognize this, which explains why gold is trading at over $600 per ounce and oil is at nearly $75 per barrel these days.