Friday, June 26, 2009

Albatross

The Obama Administration and this current congress wil be an albatross around the country’s neck.

They want to handout and print even more money then they already have

That is a scary tought.

We, as a country, are well on the way to losing our triple-A credit rating. That is a bad thing because we will not be able to sell our bonds.

Then there is the tax situation. If he gets his way, he will raise taxes to the levels unseen since the end of th 1940s.

We could have a lost decade like Japan. That means no groth and a shrinkage in GDP.

Those things are very scary to me and they should be to yo also.

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