Fiscal insanity encouraged by voters; masterminded by politicians

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It isn't just the trade deficit that's clobbering the dollar and the U.S. economy, it's also the out of control government spending. A review of new federal spending passed in 2003 shows that Republicans and Democrats alike are exercising virtually no fiscal restraint whatsoever. All across America, it's handout time. Senator McCain said it correctly: "They're spending money like a drunken sailor."

Buffett is just one of many observers with a global perspective. Soros is another. Both agree that the U.S. is presently trodding down the path of economic ruin. You simply can't keep spending money you don't have and export $500 billion in trade deficits each year.

Oblivious to economic reality, the voting public continue to demand their handouts: prescription drugs are the current favorite. In my view, there's something rather frightening about a generation of drug-addicted, crutch-wielding elderly marching on the White House, screaming, "Give us our drugs! For FREE!"

What the drug-demanding generation of voters is doing, by the way, is the same they've always done: pass on another trillion dollars in debt to their children. By allowing it, the federal government is actively promoting a great Ponzi scheme which, incidentally, is a violation of federal law.

But back to the global perspective, Buffett is betting that the U.S. economy is headed for serious economic disaster, and he's not afraid to state the obvious. Personally, my money's on Buffett. Something tells me he knows more about conserving and creating wealth than a group of politicians who can't seem to stop spending other people's money.
About the author: Mike Adams is a consumer health advocate with a passion for teaching people how to improve their health He is a prolific writer and has published thousands of articles, interviews, reports and consumer guides, impacting the lives of millions of readers around the world who are experiencing phenomenal health benefits from reading his articles. Adams is a trusted, independent journalist who receives no money or promotional fees whatsoever to write about other companies' products. In 2007, Adams launched EcoLEDs, a maker of super bright LED light bulbs that are 1000% more energy efficient than incandescent lights. He also founded an environmentally-friendly online retailer called BetterLifeGoods.com that uses retail profits to help support consumer advocacy programs. He's also the founder and CEO of a well known email mail merge software developer whose software, 'Email Marketing Director,' currently runs the NaturalNews email subscriptions. Adams also serves as the executive director of the Consumer Wellness Center, a non-profit consumer protection group, and pursues hobbies such as Pilates, Capoeira, nature macrophotography and organic gardening. He's also author of numerous health books published by Truth Publishing and is the creator of several consumer-oriented grassroots campaigns, including the Spam. Don't Buy It! campaign, and the free downloadable Honest Food Guide. He also created the free reference sites HerbReference.com and HealingFoodReference.com. Adams believes in free speech, free access to nutritional supplements and the ending of corporate control over medicines, genes and seeds. Known by his callsign, the 'Health Ranger,' Adams posts his missions statements, health statistics and health photos at www.HealthRanger.org


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