Daily Dispatch: End Times for Empire? – Mar 11. 2010

March 11, 2010 | www.CaseyResearch.com End Times for Empire? Dear Reader, I am like a little bee in spring today. Here, there, and everywhere are blossoms of information cropping up that catch the eye and seem worthy of our attention. For instance, using the orange color of a particularly handsome variety of tulips, our own Bud Conrad has painted the history of U.S. government deficits, adroitly dabbing in the fact that the month just ended saw the largest such deficit ever. It was the weather, some said, that crimped the revenue. It was the consequences of bills coming due from past bailouts, say others. It was the largest monthly deficit in history, we repeat. Quickly adding that when the expenses of anyone, or any entity, exceed their income by historic amounts, this is not a good thing. Especially when, as you can see from Bud’s chart, the shortfalls are beginning to pile up in what is clearly a trend in motion. ...