Euro Distraction. Occupy Wall Street Needs Ron Paul - One Minute Update E003

The Money GPS is the book by David Quintieri.
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The Money GPS features Bob Chapman, James Turk, and David Morgan.

"Spain's credit rating was cut for the third time since June of last year by Moody's Investors Service as Europe's debt crisis threatens to engulf the nation."

"...also downgraded Italy."
http://www.bloomberg.com/news/....2011-10-18/spain-s-r

Standard and Poor's downgraded the U.S.'s AAA credit rating for the first time, slamming the nation's political process and criticizing lawmakers for failing to cut spending or raise revenue enough to reduce record budget deficits.
http://www.bloomberg.com/news/....2011-08-06/u-s-credi

To restrain the U.S.'s future budget crisis, the federal government must raise taxes by at least 35% and cut entitlements such as health care and Social Security by 35%
The IMF paper... shows that if the government doesn't cut entitlements, it will have to raise taxes by 88% to pay for their costs.
http://blogs.wsj.com/economics..../2011/04/04/to-conta

The people will riot in the streets just as they are in Greece. Raising taxes and therefore making the people more poor is not the answer. Slashing government spending will reduce the national deficit.