Urban Poverty Law Center Year Ending Post: Warning Graphic Content!
The year 2012 was over all a huge disappointment for me. Sure, I am one year older and deeper in our collective debt owed the bankers at the Federal Reserve Banks, and I seriously doubt they will ever see any of the money they have graciously sent down the "rathole" our esteemed leaders chose. Now that others have stopped buying our treasuries, the bankers have stepped up to the plate and have been writing US blank checks with no strings attached. Their efforts will probably be inflationary in the long run and no amount of taxation will ever catch and pass the deficit. Only when the US currency ceases to be the world's reserve currency will we reap what we have sewn. That day is coming. I will recommend a tiny fraction of your savings in real estate and gold and silver. Bonds and stocks are dependent upon others in distant places being honest, and right now they have not kept true to that. Spending money before it is worthless is another option if...