Do or Die for the USA

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It took 20 years to get us in the mess... However, right now is the most critical junction for the United States.  The stimulus,bailouts and interventions that might be put forth by this administration will determine our fate for the next 20 years.  I'm not here to bash the Democrats, Republicans nor Obama but I'm here to say we take our medicine now or we're going into the abyss.  I'm not even sure Japan is a fair comparison anymore.  Most think the quick and aggressive actions taken by the Fed and the Treasury will prevent Japan 2.0.  I'm also here to say we've had more 'bold and unprecidented actions' and the alphabet soup of lending facilities has actually made matters worse.    Interventions are NOT permanent.  Deficit spending here is not a good idea.  

If only we could keep kicking the can down the road.  I heard on ABC World News that for every $1 of spending we get $1.50 back in stimulus.  That figure is complete and total bull hockey poo.  It's more like $0.75 cents back the way I see it.    Look at how far the consumer has to deleverage before we can expect to see positive contributions to our GDP from these Stimulus plans, tax cuts, rebates, etc...  We are creating more debt to pay down debt.  Outstanding

Here are a few inspiring graphs depicting the American way.  The numbers don't lie, just Congress.  This is not about sub prime, housing, etc...  Household debt equals our GDP.   





This is a 20 year implosion.  Pull up graphs of the SP500/Dow and overlay them on the credit market debt, etc...  You'll see a striking resemblence.