According to the U.S. Treasury Department, Washington now owes $7.9 trillion dollars to foreign investors and governments.
The result of this is that those debt instruments issued with U.S. dollars, such as the imploded MBS-mess, along with the derivatives-junk Wall Street peddled world-wide, and their obligations, are now worth considerably less than they were yesterday and the interest on that debt is now being paid with dollars that are also worth considerably less.

Most foreign governments, central banks, financial institutions and investors became so fed up with Bernarke and Geithner's purposeful devaluation of the dollar that they are not only not buying dollars they are contributing greatly to less world demand for those dollars — and with no demand the dollar’s value has now become, and will continue to become worth considerably less.

My solution for you, if you have any money at all to invest or can qualify for a loan, is simple; you are not getting any real interest on a T-Bill, unless you call a 1 or 2% return real interest, so buy yourself a house, or a lot and build one. Now is the best time, the interest rates are as good as they'll ever get, the prices are as low as they’ll ever get and your money is worth more only when spent on something everyone will always need and that is affordable housing.

Well, that’s my advice for today and if you need to find the right property see me or my wife and if you need a loan to buy it with I can help you there also.

May our friends respect us, trouble neglect us, angels protect us and heaven accept us.