[cobra de capell]

Good points, Dan.

What I don't understand is as government programs come up, someone always comes up with a 'budget' covering the program which turns out not even close to what it costs down the road, in the billions and trillions. Why do they keep doing it?

Also, cities and states are cutting back - workers are accepting salary cuts, workers are being furloughed, at least in CA. Why is nothing happening at the Fedeal level? I'd guess that if Federal workers were furloughed just a few days per month - tons of money could be saved.

We are so screwed.

Top 10 headlines that could signal a market bottom

1) Obama resigns