2010 US Budget Strains the Printing Press
The Daily Reckoning (February 3rd, 2010) Writes:
As I was standing in line at the grocery store, I was generously donating my Precious Mogambo Time (PMT) to educate all within earshot that they are idiots if they are not buying gold, silver and oil, and they were telling me that I was the idiot, and then I told them, no, they were the idiots, and they responded that, no, I was the idiot, and then there was a spontaneous lopsided debate (me against all the them) about who was the most idiotic.
My argument was simple: buy gold, silver and oil to protect themselves against the incredible fiscal insanity of the federal government, which is proposing a budget for fiscal year 2010 for a whopping, I-can’t-believe-my-freaking eyes, $3.8 trillion (in a $14 trillion US economy!), of which a slightly-less-than-whopping, but still in the “I-can’t-believe-my-freaking-eyes” zone, $1.6 trillion would be deficit-spending!!
The astute Junior Mogambo Ranger (JMR) has made note
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