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BLOW TO US AS WE KNOW IT Here we go again. The FPI EXCLUDES food and energy. The US public debt "EXCLUDES money the US govt. owes to ITS OWNTRUST FUNDS" - like Social Security.
The PEW-Petersen Commission projects that US public debt will be 50% of the total US economy in 2010, 61% in 2011, 70% in 2013 and 85% in 2018.
Yes, folks, that is correct. We are BANKRUPT. Let's hope that ANIMAL SURVIVAL and ANGELIC EVOLUTION can co-exist. 1/4/2010. usatoday.com/news/washington... Gasp!
Clear, Candid. By Richard Wolf HERE IS SECOND RESPECTED GROUP SAYING US MUST CURB DEBT OR ENTER INTO "CRIPPLING" $$$ CRISIS "Fiscal Future of the US" - a 2 year study, released 1-13-2010, was initiated by the National Research Council & National Academy of Public ADMINISTRATORS. The 24 person research committee includes 3 former heads of the non-partisan CBO - Congressional Budget Office. This blue ribbon group worries about US debt / investor confidence, US debt / default and a "STEEP FALL in VALUE of DOLLAR". Get out your WHEELBARROW to buy a LOAF OF BREAD. Also, get ready for domestic and military spending to be CUT TWENTY PERCENT. 1-13-2010.
cnbc.com/id/34848783 WAGS US MONEY DOG Since 2003, the SF/BayArea has attracted 30 percent of the VENTURE CAPITAL in the US. In 2009, this small, geographical area pulled 45% of VC money invested in US. (thru 3Q09). See graph/story. 1/7/2010. online.wsj.com/article/SBI262... By
Pui-Wing Tam John Hantz, Detroit money manager, wants to put $30 million (cash, no debt) into world's largest, urban farm utilizing tax-delinquent properties. Will grow tomatoes, greens, peaches, berries. Will hire locals to lessen 27% unemployment. money.cnn.com/2009/ 12/29/news/economy... By David Whitford, Fortune Magazine. Also, visit HANTZGROUP.com.
Our site - jatrophaoilnews.com
PRODUCING ENERGY REQUIRES WATER 1 gallon of oil shale gasoline takes 6 gallons of water. 1 gallon of ethanol takes 3.5 gallons of water. 1 gallon of gasoline takes 2.5 gallons of water. US Senators Bingaman (D-NM) and Murkowski (R-AK) introduced legislation requiring a study of US energy production impact on water resources. There were no other US Senate co-sponsors. 1/1/2010 - huffingtonpost.com/gal-luft/water... By
Gal Luft, global security analyst. NEW CHINA AIRCRAFT GETS ENGINE FROM US - GE and FRENCH - SAFRAN China's first, single-aisle, commercial jet - the C919- will fly in 2016 with joint venture engines from two western countries - France & US. This is one way to show the world that communists and capitalists can make money without WAR. 12/21/2009. MarketWatch.com/story... By
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