Mounting Wall of Debt

Senator Gregg says U.S. couldn't even join EU due to debt levels

I agree with Fred Barnes that the incredible period of growth over the past quarter century was not 'fleeting' who writes

Obama also seems misinformed about America's economic record in recent decades. Prosperity was "fleeting," he said, --f he's talking about the past quarter-century, most Americans would love to return to that era. From late 1982 well into 2007, we experienced one of the greatest economic booms in the history of the world, interrupted only by two shallow and brief recessions. Prosperity wasn't fleeting. It was practically non-stop--until the housing bust and credit crisis hit last year.
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Treasury Secretary Tim Geithner just had to defend his institutional takeover plan against charges of radicalism.

"Do you realize how radical your proposal is?" Rep. Donald Manzullo (R-Ill.) asked.

"It's not radical. . ." Geither began, before Manzullo interrupted him.

"You're talking about seizing private businesses and you don't consider that radical?"

Some people wonder whether Obama wants his bank plan to fail so he can nationalize the financial sector

I just don't have much confidence in the government running things.  Neither does Scipio

You might wonder what sort of people will be attracted to these new centers of power and influence. Easy answer: The same sort of people who are attracted to the Internal Revenue Service, Environmental Protection Agencies and Departments of Education—petty busybodies, grim manipulators, and small-minded paper pushers. These types will exert more direct control over your life than any religion ever could. Indeed, this motley throng will become the new priesthood of the new America.

And from where will come the necessary funds to pay for all of this? It will come from you. You will be taxed and taxed again to pay for these creatures whose sole reason to live is to ride herd over you.