American Spending

The Cost of Spending: In search of solutions to America's debt crisis

By Bret Baier | Published December 21, 2012 FoxNews.com

Read more: http://www.foxnews.com/politics/2012/12/21/cost-spending-in-search-solutions-to-america-debt-crisis/#ixzz2FldlmKKC

We're always hearing from politicians about the urgency of the nation's fiscal situation. The debt is over $16 trillion. Deficits -- the annual shortfall -- are persistently north of $1 trillion. 

Those figures are constantly in the background, reminding both parties that whatever the solutions, they need to find and act on them quickly. And the solutions will have to be big -- because the problem is massive.

Turmoil coming

2013 The Final Act – International Forecaster

December 15 2012: Some pretty ugly markets for 2013, our debts are too large to ever be paid, Europe economy is terminal, Spain and Greece are basically in default, the complete breakdown of moral justice flys into high gear in the US, outright looting of the US Treasury going on, the new year will only bring us closer to the fiscal cliff and closer to going over it.