A couple of warnings in the news: "fantasist" U.S. economy on the brink of disaster...? *LINK* *PIC*

Subject: 
A couple of warnings in the news: "fantasist" U.S. economy on the brink of disaster...? *LINK* *PIC*
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Date: 
Sunday, October 29, 2006 10:56 am

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GAO Chief Warns Economic Disaster Looms
Oct 28, 2006 9:32 PM EDT
Associated Press
\"...What they don\'t talk about is a dirty little secret everyone in Washington knows, or at least should. The vast majority of economists and budget analysts agree: The ship of state is on a disastrous course, and will founder on the reefs of economic disaster if nothing is done to correct it.\"

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\"An economy of buccaneers and fantasists\"
WEAPONS OF MASS FINANCIAL DESTRUCTION
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Last month a major US hedge fund, Amaranth Advisors, lost more than half its assets in a week, speculating on natural gas prices. The company proved correct the chief worry of such major financial institutions as the World Bank and the International Monetary Fund: that financial reality is now out of control...