[Jim in CT]

Originally Posted by Saltys

When you see someone like Walfart complaining you know it's a world of #^&#^&#^&#^& out there right now.

Wal-Mart shoppers running out of money - Apr. 27, 2011

Here comes your double dip Jim....by the end of the summer.

In the last few months, I have converted my entire 401(k) to cash...

Interest rates have nowhere to go but up. That means mortgage rates have nowhere to go but up, which means housing prices can only go down. Inflation has nowhere to go but up (inevitable result of the way we are printing money). Local, state, and federal taxes will go WAY up (already starting here in CT). Gas prices will be at all-time highs this summer. Instability in the middle east. Iran and Israel headed for a showdown. 10,000 baby boomers A DAY are turning 65, meaning they are eligible for social security and Medicare (we don't have the money for that)...

And we have Barney Fife in the Oval Office.