Sleepwalking through the valley of financial calamity

June 9, 2011 06:43

Our children will pay the price of our addiction unless we rip the IV tube from our arms, shed our selfishness, and get busy correcting our prodigal ways.

By Lee Wishing at World Magazine


It appears certain that America will default on her obligations (e.g., debt, Medicare, Medicaid, Social Security, etc.) and the recent news about China is another flashing warning sign that this is likely to be true.

In short, America is in big trouble and a lot of people know it. Yet, we sleepwalk through the valley of financial calamity as Congress duels over paltry solutions, and the Federal Reserve floods our collapsing economic veins with monetary morphine dulling our reaction to calamitous financial news . . . while another high school class graduates.


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