Funny how cash strapped government still thinks it can afford to be the World’s policeman!
“Operating the government with no borrowing authority, and with only the cash on hand on a given day, would place the U.S. in an unacceptable position,” Lew said.
Bankrupt cities, nearly 48 Million on food stamps, real unemployment in the low teens, seventeen trillion in debts, trillions more in unfunded liabilities and the cowboy nation is still talking big and walking with a swagger!
Going by the sabre rattling going on at present one could be forgiven for thinking we could be seeing some kind of major distraction event taking place any day now.
To think the clowns with their unshakable belief in the Full Faith and Credit system still call me foolish for holding Gold outside of the paper promise system! Still I forgive them for they know not what they do!
Gold graph going vertical at $1,412.00 as we speak!
Will pick up my party dress and dinner suit from the cleaners later today!
