On the news this afternoon we have our President Obama with his new and exciting budget plan for the years ahead. It is the same proposal we hear every year around this time:
$Trillions in spending cuts
We know by know that the spending cuts don't actually come, and surprising to many, the higher taxes don't come either. It is, however, great for some afternoon comedy as media networks discuss the impact of make believe spending reductions.
Watching Obama rivet and excite his audience this afternoon as they hung on his every word of change we can believe in, I recalled the same speech given back in 2009 regarding the drastic budget cuts we would experience ahead in the new America......
And finally, a quick preview of Obama's "All is well, Nothing to see here, Please move along" speech in 2014 when both our bond market and currency collapse.