A Season Of Discontent: The only alternatives for which majorities express "a lot" of trust to help manage financial risk are close family members (64 percent) and their own efforts (74 percent)



Panic buying hits supermarkets as shelves stripped of essentials over snow fears


Food Shortages Coming, Buy Commodities: Jim Rogers


Jim Sinclair’s Commentary
You have to love how Greece is being MOPEd concerning the Euro but there isn’t a peep out F-TV or other media about the new black hole of California.
GOP, Dems in “Death Embrace”: U.S. Budget “About to Go Off a Cliff," Cal Prof Says CIGA Eric
U.S. Budget “About to Go Off a Cliff," Cal Prof Says
If we haven’t already gone off the cliff, see chart, then it’s probably best not to ask what if he’s right.
The budget deficit is skyrocketing
Raise taxes or cut spending? Washington must take action on both fronts to curb U.S. debt or run the risk of a dollar crisis, according to a report by the Committee on the Fiscal Future of the United States, a panel of bipartisan experts.
1. Raise Taxes 2. Cut Spending 3. Devaluation
The first two choices are hard. The last one is easy. Political will is like electricity, it always seeks the path of least resistance.
Source: finance.yahoo.com
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US must cut spending to save AAA rating, warns Fitch


The Coming Sovereign Debt Crisis, by Nouriel Roubini and Arpitha Bykere


Eric,
This is totally hysterical, and only something a governments and renowned experts possibly could do.
Regards, Jim
New Lincoln penny, unveiled here, to feature union shield CIGA Eric
The U.S. Commission of Fine Arts (a group that includes architects, art experts and others who make their livings creating pretty things) first recommended that 13 stalks of bound wheat decorate the back of the 2010 penny. Then, however, someone discovered that shafts of wheat also appeared on German coins minted during the 1920s and 1930s, the era when the German government was known as the Weimar Republic.
With history repeating, they should have went with it.
Source: http://www.sj-r.com/news/x1409370872/New-Lincoln-Penny-to-be-unveiled-in-Springfield-Feb-11
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