Here's a youtube video of Schiff and Forbes on Fox News talking about everything we care about here at HP

Nice to see Steve Forbes rip on the Bush Administration and the traitor Ben Bernanke for destroying the US dollar while running up US debt. But too bad he still just doesn't see what's coming, even though Schiff tried. He (and others) just can't seem to make that leap of faith that yes, America really is in trouble this time.

I like optimists and I think there are many things in America to be optimistic about. But dammit, if we don't change, if we don't address our problems head on, then yes, we're going to be in a heap of trouble, if it isn't too late already.

That said, when I watch Social Security, Medicaid, Medicare, out of control federal spending, foreign debt, hyperinflation, the money supply, the housing crash and the dollar meltdown even being ADDRESSED in the MSM, especially the cheerleading Fox News, I think we're getting somewhere. First step to recovery is admitting you have a problem, or at least talking about the problem.

The problems of the US can be fixed, but only if the collective consciousness changes and we start dealing with them. We're getting there. Still a long, long, long, long, long way to go. But at least some people are taking notice. Poor Schiff though - he must still feel like a voice in the wilderness.

Psst.. Ya got $400,000? 'Cause that's what each household in America is on the hook for with the entitlement bomb, or $53 TRILLION in total. Ouch.

Here's the good news though - it's only $175,000 per person.

We're $53 TRILLION in the hole folks. That's not per HP, that's per the General Accounting Office of the United States. The biggest Ponzi Scheme of all wasn't housing. No, no, no. It was Social Security / Medicaid / Medicare.

Our corrupt government doesn't include the cost of future liabilities on its balance sheet (like every business has to). It acts like nobody is going to retire, and like no benefits will ever have to get paid. And nobody running for president will touch this subject with a ten foot pole (except Ron Paul of course).

And you, the gullible and clueless American people, buy it all hook, line and sinker. Along with every other fool who invests in US debt that will never be paid back, or owns US dollars that will continue to lose value.

HousingPANIC should spin off BenefitsPANIC, but someone else take that on, OK? I've got enough on my hands here.

Here's a good video with Glenn Beck and the head of the GAO (who I expect to be fired or assassinated soon). My favorite quote: "If the private sector had trust funds like the government, someone would be going to jail!". Yup. Any questions now?

Watch this video. And think about whether you want to be part of this mess much longer.

One week into a historic dollar implosion, not one peep from this administration about protecting the dollar and reassuring foreign reserve holders

In other words, they're just getting started.

The dollar death spiral is firmly underway...

Thank you REIC!