Oh it is still simmering away.

Except, we now all know, inflation is WELL and truely in.
We also know the States are WELL and truely screwed
What we do not know is how to ride this out.
If a picture tells a thousand words, Obama says it all


13 April 2011 Last updated at 21:57 GMT



Obama urges spending cuts and increased taxes on rich
http://www.bbc.co.uk/news/world-us-canada-13067836

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President Obama: "We all need to make sacrifices"


President Barack Obama has called for raised taxes on the rich as well as cuts in government spending in what he termed a balanced approach to cutting the huge US budget deficit.