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Obama unveils $3.83T budget with massive deficits

WASHINGTON – President Barack Obama sent Congress a $3.83 trillion budget on Monday that would pour more money into the fight against high unemployment, boost taxes on the wealthy and freeze spending for a wide swath of government programs.
The deficit for this year would surge to a record-breaking $1.56 trillion, topping last year's then unprecedented $1.41 trillion gap. The deficit would remain above $1 trillion in 2011 although the president proposed to institute a three-year budget freeze on a variety of programs outside of the military and homeland security as well as increasing taxes on energy producers and families making more than $250,000.
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http://news.yahoo.com/s/ap/20100201/ap_on_go_pr_wh/us_budget

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anyone betting on the dollar

anyone betting on the dollar "stenghtening" in the long run is a loon.

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul