"Never has so much been stolen from so many by so few."

The slow motion disaster of world financial system collapse seems to be picking up speed.

The Fed is buying T-bonds. The Treasury needs to finance/refinance 8 trillion this year. The US is bankrupt and is creating a tax grab that will make matters worse.

China has wasted more "money" on bridges to nowhere than has been seen in the world (see the latest high speed rail link, Beijing and a central city to the south was canceled as flying is so much cheaper.)

How long can this ultimate ponzi scheme, cloaked in academic economic language, and with the full authority of the authorities, whose blatant misinformation has mesmerized and confused the fat and happy population, go on?

This is an excellent article that puts some key pieces together:
http://home.comcast.net/~lcmgroupe/2010/Article-Extend_Pretend-Gaming_the_US_Tax_Payer.htm

Time to get prepared.