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Now That The Super Bowl Is Over, Here Are 17 Facts Which Prove America Is A Debt Pig That Is Deeply Addicted To Debt-Fueled Prosperity

Wasn't the Super Bowl wonderful this year? Congratulations to the Green Bay Packers! It is amazing how much money people will spend to attend this game each year. Just a few hours before kickoff, some tickets were selling for over $4000 a seat. Not that it wasn't a great show. It turned out to be a really great game and it was held in perhaps the most extravagant sports facility ever constructed in the history of mankind. Even the halftime show, featuring the Black Eyed Peas, was a spectacle of historic proportions. This year the Super Bowl truly was quite a grand party. In America, everything always has to be bigger and better. We take pride in constantly outdoing ourselves. Other nations of the world look at our great prosperity in envy. But do we ever stop to ask ourselves where all of this great prosperity has come from and if we can continue to afford it all? (Read More.....)

Hold On - Interest Rates Are Going To Increase During The Second Half Of 2010 And Into 2011

Interest rates have nowhere to go but up. Interest rates will rise during the second half of 2010, and they will continue to rise during 2011. This is going to cause a lot of pain for the U.S. economy and for American consumers. Unfortunately, this is not just the opinion of a handful of half-baked Internet nutjobs. This is the assessment of the New York Times and of the highly respected economists that they interviewed. It seems that virtually everyone in the financial community agrees that it is inevitable that interest rates are going to rise. And that is really bad news for the U.S. economy. (Read More.....)

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Now That The Super Bowl Is Over, Here Are 17 Facts Which Prove America Is A Debt Pig That Is Deeply Addicted To Debt-Fueled Prosperity

Hold On - Interest Rates Are Going To Increase During The Second Half Of 2010 And Into 2011

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