Over $100,000 for each and every household in US
Gold has exploded above $1,000 an ounce!
Crude oil has more than doubled from its lows!
Sugar prices are up 88 percent!
Copper is up 105 percent!
Lead has soared 125 percent!
What’s Going On?
Some of it is fundamentally driven — tighter supply, stronger demand.
But a significant chunk of those moves is pure monetary inflation.
So far this year, Timothy Geithner has borrowed…
A Mind-Boggling $1.41 TRILLION to fund Washington’s debt addiction…
(That‘s nearly THREE TIMES MORE than the Treasury had borrowed
at this time last year).
The Congressional Budget Office (CBO) has warned that…
President Obama’s budget will add nearly
… $10 Trillion in new government Debt over the next ten years.
If the CBO is correct, our national debt will soar
to well over $21 Trillion by 2019.
That’s more than double the value of all the goods and services
our economy now produces in a whole year!
Bernanke printed more than $4 billion just to BUY treasuries.
The U.S. money supply is skyrocketing!
Through August, the federal deficit hit $1.38 Trillion…
(Three times last year’s all-time record deficit of $454.8 Billion).
In September alone, the administration expects another $200 Billion
in red ink, bringing the total for the year to $1.58 Trillion.
The U.S. government’s official debt is now at an all-time high of $11.8 Trillion.
That’s over $100,000 for each and every household in America.
Perhaps worst of all, the government’s unfunded obligations for…
Social Security, Medicare, and Federal pension payments are also ballooning
higher standing at an estimated $104 trillion, or $886,000 per household.
Total burden per household: … More than $1 Million Dollars!
You’d better start playing Lotto!
This is, by far, the largest federal deficit in U.S. history!
Whether you measure the deficit:
- in proportion to household income …
- in comparison to the nation’s population …
- or even as a percent of the total economy
(other than during major World Wars).
For nearly two years, U.S. households were continually losing wealth.
They lost trillions in stocks, bonds, insurance policies, real estate.
And these losses, in turn, emerged as a major deflationary force,
driving consumer price inflation to zero or lower.
Now, however, in the second quarter of 2009, that trend has reversed.
According to the Fed’s Flow of Funds just released, in just…
The last three months, U.S. households have enjoyed wealth gains of…
- $1.1 Trillion common and preferred stocks
- $494 Billion in mutual funds
- $157 Billion in real estate
These gains are still far from enough to recoup the peak asset levels of 2007.
But the change in trend is enough to rekindle inflation.
The price of food is starting to rise and so is the price of dog food.
The cost to feed Man’s Best Friend is getting costlier each year.
One of the reasons is better quality food.
Many health conscience consumers are feeding their dog’s raw natural
uncooked and unprocessed foods, without all the chemicals, additives
and preservatives and chemicals.
Not only in dogs but in humans scientists are discovering that
raw, natural, uncooked and unprocessed fool alive with active enzymes
for vitality and health.
Humans and their Dogs by eating a raw food diet have reversed chronic
diseases, regained their energy and vitality and have…
Lose Weight and Kept it Off!
To read about it go to:
http://www.NaturalRawDogFood.com
or
http://www.DietDogFoodSite.com
TAGS:
Bernanke, CBO, dog, dog food, Geithner, gold, President Obama, Social Security
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