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By MORTIMER B. ZUCKERMAN

The American public gets it. The American public gets it even if successive administrations don't. We have been running on empty for more than a decade, through two administrations, with government and consumer debt rising to unsustainable levels—and beyond. Erskine Bowles, the co-chairman of the National Commission on Fiscal Responsibility and Reform, has called it the most predictable crisis in our history. Who'd dispute that when our government has to borrow roughly $4 billion every day just in order to function?

More than 11 million American families know the danger of too much debt. They have had firsthand experience with the risks, for they own homes where the mortgage now exceeds the value of the home. Millions more have credit lines that exceed their capacity to repay what they borrow.

Many people continue to claim that the United States is to big to fail. Others whom I know personally on Wall Street and within the power circles tell me that the Government will in fact fail and there is nothing Congress is willing to do to even try to stop it. Many are planning for the worse as the spread between the "Have" and "Have Not's" continues to widen since the Progressive Democrats took over Congress in 2006-2007, expanded their Socialist and Anti Capitalist Movement in our schools and colleges, and now Obama has admitted Socialists working in the White House today. When Obama took over, this Movement was put into high gear where there are more Americans today who must financially depend on the Federal Government since 2006, then in our lifetime. The plan to destroy the Free American Capitalist system and replace it with a state controlled economy (Socialism) and new dollar (New World Banking System) is well on the way.

Unless voters organize into the GOP to clean up the GOP and the DNC that has been taken over by Labor Unions, Progressives and Multi-National companies, then the average American could lose everything they have. It is not if the government will crash. It is when and how bad will it crash. When America crashes, all industrial nations will follow as well. This is an accounting fact about what will soon occur.

Some people cite the economy is turning around, corporate profits are up and Wall Street is doing well. What they are no looking at is the falling value in the US Dollar, the massive annual red ink that Congress is causing in the government, the increased in national debt up 40% in the past 3 years and corruption in Congress. What they are not seeing is the higher and higher energy prices which is caused by the falling value in the Dollar. If the price of gasoline hits $5 per gallon again like it did in 2008, then Wall Street would be at risk of falling 1,000 points in a single day as the US economy cannot support Obama's Green Regulations which includes $5 to $7 gas prices to force Americans to use less oil. Investors beware of these very clear signs. There is a category 5 economic hurricane about 300 miles from the coast. Some are telling you how sunny and bright things are on the beach today as they ignore the coming storm. Like with a hurricane, we do not know when, where or how bad it will hit the coast, but we do know that it will hit. This is where we are with the value of the US Dollar, crisis with the US Treasury & The Federal Reserve Bank, Wall Street, National Debt and Obama's Socialist Movement to control the free market system.

www.usnews.com

By MORTIMER B. ZUCKERMAN

The American public gets it. The American public gets it even if successive administrations don't. We have been running on empty for more than a decade, through two administrations, with government and consumer debt rising to unsustainable levels—and beyond. Erskine Bowles, the co-chairman of the National Commission on Fiscal Responsibility and Reform, has called it the most predictable crisis in our history. Who'd dispute that when our government has to borrow roughly $4 billion every day just in order to function?

More than 11 million American families know the danger of too much debt. They have had firsthand experience with the risks, for they own homes where the mortgage now exceeds the value of the home. Millions more have credit lines that exceed their capacity to repay what they borrow.