RUNNING ON EMPTY

$800B stimulus in 2009 yet 1.4 million more out of work since then. "We need more public works, roads, bridges....."

0% FED rate, lowest mortgage rates in history.....housing still mired near the worst it ever was.

Commercial office and retail space stands vacant wherever you look blighting the landscape.

ALmost 3 years into recovery, but 9.2 OFFICIAL unemployment rate. This goes on record as weakest recovery from recession.

The gov't needs to rein in spending but too much will stall the economy addicted to gov't spending in this fragile "recovery".

Raise taxes, cut spending....solve problems? "We're not Greece"  we have RESERVE CURRENCY and with FED buying majority of bonds gorging their balance sheets to $2.7 trillion....we have printed and smoked ourselves to a low 2.9% 10 year yield for borrowing....surely with deficits out of control for as far as eye can see.........there will be no end to LOW RATES.....

But if for some reason there was a sustained rise in rates, even a little....all could implode.

We are lving in dangerous times, with NO easy answers and a way out without pain. ANY escape here Houdini would be proud.

Rock N Hard place have arrived.

Duratek