Monday, June 20, 2011

The U.S. Becoming Another Greece?

When you add the total obligations of the U.S., you find them much higher in terms of GDP and other standards than that of Greece.

Yet, America is supposed to be the leader of the free world, not a tiny, struggling country. We are called on to be a global leader as an economic catalyst and a defender of democratic principles.

Unfortunately, the politicians responsible for the real financial crisis-to-come, as the result of U.S. debt, may be out of office when disaster occurs.

And the blame then will be placed on the shoulders of administrations who will be around to attempt to clean up the impossible mess.

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