Lou Ann Zelenik Speaks Out On The Fed

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By Ward Norris

Story Published: Feb 5, 2010 at 1:20 PM CST

Story Updated: Feb 5, 2010 at 10:37 AM CST

Business owners are concerned about the “cap in trade” coming through legislation; they don’t know which way to turn.

One dad, who’d spent his whole life building his business, doesn’t know if he’ll have anything to leave to his two sons.

People are worried about the already existing debt and the continued lack of fiscal responsibility.

That debt is right now, $40,000 per each person in the United States.

In the first 9 months of 2009, Congress borrowed more than they had in the last 30 years.

This going to make it very difficult for businesses to recover and pay back.

In fact, it’s so dire that China is actually telling the U.S. to save (as in not spend) our own money.

One third of the home mortgages are under water—and the economy is only getting slower.

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