Whoa!

Do your friends a favor. Tell them to "batten down the hatches" because there's a HARD RAIN coming. Tell them to get out of debt and sell anything they can sell (and don't need) in order to get liquid. Tell them that Richard Russell says that by the end of this year they won't recognize the country. They'll retort, "How the dickens does Russell know - who told him?" Tell them the stock market told him.

I'm out of debt except the house. But I'm in single digits (in years) on that. I'm worried about our financial future. I learned from Gretchen Hamel of ThePublicNotice.org that the average teacher in New Jersey retires with a total of $62,000 directed to her retirement, while collecting $1.4 million in pension benefits and $250,000 in medical benefits. Is it any reason NJ has the highest property taxes in the country? This can't stand, this excessive spending and over indulgent packages given to public sector employees with greedy unions doing their bidding.