Droopy Monday

Couple of things
1. The weekend was great.
2. Stephen Colbert carried the president on national television. Hilarious.
See it here and here.
3. On a sad note, I was reading a article in reference to the U.S. and the possibility of our economic demise and it made me sh** my pants. Not really, just my boxers.
*23 percent of the oil riggs in the gulf are still unusable.
*Consumer debt is at a all time high and saving is at a low. I hear you talking, your probably saying--"So What?". Well, we are a mortgage and landlord nation and if our economy went down the crapper a ton of people would be homeless due to evictions and foreclosures.
*Countries around the world are starting to put money into Euro's and gold, not dollars.
*China, which owns our debt has ordered the finance minister to cutback on purchasing more for fear of default.
*Oil may hit $100 dollars a barrel due to depleted sources, capacity issues, high demand, and terrorism in Nigeria, Venezuela, Iran, Iraq, Chad, and Saudia Arabia..
* Iran/Iraq-taking precious dollars that could be used on energy infrastructure.
* Elections-Bush has plans to tap Oil reserves to drop prices for the fall elections.

But the author was describing what the fall of the Russian economy was like and how it only took 4 years to do so and he believes the U.S. could quite easily break the record with our financial situation.