It is like a perfect storm brewing. Housing market collapse. Half the country holding it’s collective breath in hopes of surviving just a few more months of an administration full of treason from top down. Gummint hoping to get to start civilian disarmament. National manufacturing non existent. Gummint handouts strangling productivity. Gummint debt skyrocketing. Politicians pushing increased spending in the face of falling tax revenues.
What could go wrong! The worst of it is most of us realize NONE OF THIS HAS BEEN AN ACCIDENT. It is all Cloward Piven intentional.
Sheila Bair, his predecessor, was rock solid, and stood her ground. I'm not saying Gruenberg isn't competent, just that Sheila was the right person at the right time.
Tax revenues are actually up...it’s just that the spending goes 50 percent or more above what is taken in...and it’s killing us!