Americans are on information over load, but it is imperative everyone understand exactly how deep the sub prime melt down and corruption of our currency is going to affect their future. It's not a matter of if a recession is going to happen - it's already underway. A recession is the precursor to a depression when things are so bad, no Band Aid is going to stop the hemorrhaging. '08 is not going to be pretty.

The sub prime melt down is a manifestation of corrupted banking policies and Americans getting in over their heads. The beast (the privately owned Federal Reserve) is now eating itself and the consequences are going to be dire for the people of this country. Inflation is already hitting the middle class and the poor. It will increase, make no mistake about that. Americans are already feeling it at the grocery store and along with the cost of oil, it's only going to get worse.

Economic Stimulus Package: Macabre Waltz Into the Abyss

My visit to a tent city in Ontario, California: http://www.newswithviews.com/Devvy/kidd338.htm

I have written many, many columns about the coming financial tsunami over the coming "baby boomers" retiring - some 77 MILLION of them beginning in '08 right off the bat. Think about this: What happens when a person retires? Let's take a man who makes $200,000 a year. His retirement set aside with social security is $50,000 a year. Right there just one person's income decreases by $150,000. The thieves at the IRS will now tax that individual at $50,000 instead of $200,000. Same for states with a personal state income tax. Multiple that by the number of baby boomers getting ready to retire. Some with more retirement, others who will scrape by on social security and a small pension.

Get the big picture? Tax revenues will dwindle, but all this out of control spending by CON-gress and the state legislatures demands funding.

These are just a few of the current head lines:

Crisis may make 1929 look a 'walk in the park'
From Dr. Edwin Vieira
US braces for baby boom retirement wave
Americans 'walk' from loans
States chop '08 spending plans
This Is the Sound of a Bubble Bursting

Our economy is based on debt and debt is not prosperity. The economy needs you to stay in debt. A terrible formula for Americans. The U.S. Treasury is over drawn $9 TRILLION dollars as I write this and increases at a rate of $7 million dollars per minute. Every "dollar" being spent by Congress is a hot check with the worst to come: $45 trillion gap seen in US benefits

Where is mother government going to get this "short fall" from? Try this one: Congress Ignoring Looming Financial Catastrophe

I urge you to consider diversifying a portion of your portfolio or savings into gold because gold doesn't lie and it never loses it's value. Not in thousands of years. Visit www.eldoradogold.net for a wealth of information on this important issue. It amazes me how many Americans simply ignore the risk of losing everything they've ever worked for instead of doing what the world's richest people do and that is own gold.

Eric can answer your questions and help you in understanding what is best for your situation. His number in Florida is: 623.643.8785

Or, if you're closer to the Phoenix area and would rather deal with someone on your side of the country, call Harvey at: 928.227.2621; cell: 602.228.8203