how do you see the U.S in the next four years?
i see it falling more in the world food chain...but with hopefully cool headed people running it and running it for the people not for more money in their pocket it may make a comeback

I believe whole heartedly that we are on the same path we've been on for decades. It's all one big rollercoaster causing us to give up just a little freedom here, and a little there, to "cause" us to get ahead.

What few people realize is that for almost 100 years every depression or recession we have been in has been pretty much caused by the same group of people. What's funny is the same people that cause it, "fix" it eventually.

Economically we cannot have a stable economy. It's mathmatically impossible. The trick is to balance amount of jobs, average incomes, desire to take out loans, the desire to spend, etc. with inflation and the devaluing of our currency.

The sad truth is that in the end, no matter who runs us, the world's economy will collapse causing need to devolope a "new" system of currency and "money lending". Have have a demand requiring an exponential constant growth of debt and resources to keep the current system going. Unfortunately we have but a limited supply of resources on this planet. These limits cannot feed exponential growth.

The real question is "when will this happen" and "will people be able to do the smart thing and avoid causing an unstable economic system that relies on the hands of the few."

In order for a stable economy to exist you have to have three things:

#1. Most importantly banks cannot be allowed to lend money at an interest rate. Since the principal comes from banks this euation becomes conflicted [principal/(princicap+interest)]. How do you pay the banks principal + interest when the people recieve just the principal?

#2. In order to keep the system in check you need to have money represent and actual precious item. If you don't back you money the system will run away and hyper inflation will eventually be the downfall of the nation you are trying to build.

#3. Central Banks are monopolies in every sense of the word. Avoid letting them establish.

Number 2 and three are against our constitution.

Congress established a privately owned National bank in 1913, and voted to no longer back our currency by gold or silver in 1971.

Well, the Obama administration will "fix" the economy. I'd like to mention though, that I think Bush or any other president from two major parties would do just the same.

This would be the achievement. There would be the price for it, as well:

The runaway rise in prices (not inflation) will start in 2010 and continue for at least two years, doubling the prices every year.

This will put "widows and orphans", or anybody on a fixed income into position of not being able to afford even the necessities.

This process will pay for the bailouts. remember, you can't create money, but you can dissolve already existing monetary units.

Another group who is going to benefit from the rise in prices will be the debtors. If you take on a debt now, that is requiring you to spend say half of your income to service it, then by the time we are finished with prices, you'll be able to service it with only one eight of your income.

We will have less people doing anything good, and more people being paid of government money (everybody else's earnings).

There are going to be more rules and regulations, so the people who actually want to build a business, will look elsewhere, more than they do today.

There is going to be some kind of national health care system. It will make people that are able to pay for health care to go to foreign countries and leave their money there.
It will also drive out the best doctors, nurses, dentists, etc. The level of health care of those who actually pay for it will decrease, while for those who never bothered to pay, it will increase, but with more bureaucracy.

There will probably be new minimum wage laws, driving more and more young Americans to use drugs, and have sporadic employment.

There are more things to list, but why bother. I am sure most folks reading this, are disagreeing with me already.

Time will tell.

Let us not forget that in order to have a stable economy, you cannot simultaneously run an empire. The costs of having more than 130 bases on 5 continents is astronomical and in the end weakens our National Defense.

2 words...Mad Max...be seeing you

Indeed my friend. Having backed money, i truely believe, is the only way to keep this in check. I am beginning to think that the government is deliberately spending large amounts of money anywhere they can just to keep this unstable economy going. It's pretty scary to think about what would happen if it crashed. But it will crash.