With all the talk over the bailout for idiots who gave loans to people they know wouldn't pay them back, another "mortgage" is coming due for America.
This is the mass retirement of the baby boomers. 2008 is the year that they start retiring, with each one of them fully expecting something back for the large amount of money the government stole from them during their working careers in the name of Socialism.
How wise would it be, to ring up $750,000,000,000 in debt at a time when the most massive government subsidy in all history is just beginning?
I bring this up, because I have seen no discussion on it, anywhere. It's coming, and it's going to be BAD.