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On 02/04/2011 5:26 PM, John H wrote:
Obama is printing these as fast as the machines will allow. You may have one or two laying around, so use them quickly. Now they are good for a gallon of gas, soon it'll take three or four. http://www.coinconcierge.com/images/$5red53bauobv9-5.jpg Doing my monthly US financial review, I would say in 2 years you will be lucky if that coupon buys a quart. A HUGE civic debt is about to go bust. That AAA muni might only be worth 20 cents on the dollar, if your lucky. Detroit and Chicago need to do like third world countries. If you move there and agree to pay taxes, you actually guarantee a maximum liability to attract people. I hate to say it, but owning a home in one of these many dozens of bankrut cities, counties and states could easily become a liability. |
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