“Things are about to become ugly. Very Ugly.”

,,,most of the automobile industry, the airlines, 37 out of 50 states, are bankrupt.

The lending industry, Fannie Mae, Freddie Mac are bankrupt. Insurance giant AIG, bankrupt. The Pension Benefit Guarantee Corporation, or PBGC, the Federal Deposit Insurance Corporation, or FDIC, Social Security including Medicare and Medicaid are rapidly approaching insolvency.