Bail Outs for Governments

E-mail to Congress:

EIN News says, "Greece and Portugal Face 'Slow Death' Over Debt Crisis. Moody's Investors Service said unless the two countries reverse their large current account deficits, wealth generated would increasingly have to be used to pay off rising debt costs as investors demand more to hold Greek and Portuguese bonds. To compensate, the governments would have to keep raising taxes, which in turn could smother investment and drive out wealth creators, Moody's said. (telegraph.co.uk).

This is a prelude to the U.S. condition. Take heed. When you guys mess up, who is left to bail you out