Sadly Obama has to freeze spending. The national credit card is maxed out so to speak. We are running trillions the hole. So this was not surprising. I posted that we should all expect this months ago.
My only concern is.... will this halt the so called "recovery" now that the cash flow is stopping? Probably.
So my next concern is.... will my belief the powers that be would take us in to a major war as a means to fix this situation come true?
Military spending is one of the few things NOT being cut.... makes you wonder what the long term plan is, doesn't it?
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