The economy, huh?  Don’t get me started!  I guess my greatest worry is the way our leaders are steaming ahead toward the demolition of world confidence in the almighty dollar.  That will reach out and touch all of us.

The rest of the world is funding our prolific spending, confident in the stability of our system.  It has been said that the rest of the world’s central banks hold something like 90% of the outstanding U.S. Treasury bonds, and we are talking trillions of dollars.  And we are becoming more dependent on the rest of the world to maintain our irresponsible lifestyle as the clock ticks.

There is a point where the national debt, balance of trade and falling dollar will spring the trap door on that confidence.  If that happens, everything comes crashing down.  The Buck is a confidence game, and South Korea has already shaken the money tree by saying that it is considering selling some of its U.S. Treasury Bonds (Uncle $am’s IOUs to the rest of the world).  That sent shivers around the financial world.  The South Koreans backpedaled, saying they meant that they were considering buying fewer T-Bills.  That doesn’t auger well for our spendthrift ways, either.  It simply delays the day of reckoning.

That, along with the tsunami of illegal aliens flooding into our country and the outsourced jobs flowing out of our country and the cheap Chinese goods flooding back into our country and our production capability washing out of the country suggest that our leadership is selling the majority of their fellow Americans down the river for global corporate profit.

We the people are at the mercy of powers that are unconcerned about us at best, probably view the American middle class (commonly known as The Consumer) as nothing more than the cash cow for their outsourced manufactured good and services, or are actually hostile to the American middle class.