There's a lot going on in the world right now, obviously. It's a bit odd knowing the Syrian border is not that far from me here. Will the US intervene if Syria kills thousands of civilians? I find that one doubtful, even though intervention would be much easier than in Libya.
Speaking of Libya, I bet some people are wishing they had some of those battleships out of mothballs now.
Relevant to the Florida budget mess is this:http://www.financialsense.com/contribut ... employment
which I have no problem with up until he says :
When unemployment shows signs of spiraling out of control even as the campaign managers are obsessively checking their polling results - my guess is that most politicians are going to (once again) say "long-term national interest be damned, my political career depends on winning this election." Meaning there will likely be more money created out of thin air on a massive scale, as the incumbents in both parties try to avoid the wrath of their constituents and keep their jobs.
Which is hand waving meant to cover up the fact that he doesn't know what will happen to cause inflation, he just believes in it. I'm just not seeing the support for ongoing funding of states and so forth like some think is present. Good grief, the PLAN was to cut the 2012 budget, not the 2011 budget, and they RAN on that. And now we simply don't have a 2011 budget, it is six months overdue because the minority groups against further borrowing keep blocking every attempt to pass a budget that should have been passed six months ago. We will wind up total losers if that doesn't pass shortly, because the funding for a presence in the MidEast is in that budget, and the results will be so bad if we don't have a presence there that it's going to be insane. (It took me three tries to type that without cursing. It's that big a mess.) I think it's far more likely the federal budget will be cut, and the states will cut, and that yellow bar he is showing will hit the welfare rolls over several months as funding runs out. And that is when the big deflation will hit and hit hard. And the US population will undergo a sudden attitude adjustment.