Transportation Update and The American Melt-down - Are You Ready?

Transportation Update We will have a quick update on transportation – So-called “conservatives” pushing to waste billions of tax dollars on Rail Transit projects. Yep. Congressman John Mica – FL-R did not get the message in November. He is trying to push through SunRail during the lamb duck session because he thinks we aren’t looking.======================================== The American Meltdown – The Crash of the American Monetary System Watch this video http://www.stansberryresearch.com/pro/1011PSIENDVD/LPSILC24/PR Glenn Beck is not alone in his prediction of the crisis facing America. American Statesman is suggesting to thoughtfully begin a plan to have access or on-hand supplies of basic food, medical and perhaps water. If a crisis hit, say access to fuel etc, one would have the means to tough it out for a short period of time. If you think about it for a moment, access to fuel to run our automobiles would limit travel etc. If history is any guide, it is possible we are witnessing the beginning of serious financial melt-down. Ask yourself if you are prepared. All of this is a private decision that will give you some peace of mind if things become acute socially. We will review some of the facts: According to the Wall Street Journal, the Stock Market has followed a path eerily similar to 1937, which led to the crash of 1938. - We are currently in the denial syndrome phase of financial crisis. - Perhaps the most significant economic change of the second-half of the twentieth century was instant prosperity in the form of credit. - The U.S. is now the world's largest debtor nation. - Closed meeting between Russia, China, France and Japan have reportedly taken place to discuss replacing U.S. dollar as the world's reserve currency. - With the U.S. Debt higher than out annual budget, we are basically broke. - Once the U.S. dollar is replaced by a new global currency, hyper-inflation will likely hit the U.S.