Solari :: Announcement
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To read this announcement on our website please visit: http://solari.com/news/news060307.htm

To Solari Action Network
March 16, 2006


NEWS OF THE WEEK

Our pick for the two most alarming news items of past weeks: the latest GAO Report and the public debt crisis. As long as the Tapeworm is free to print, finance, borrow and steal whatever money it needs – including the money that funds our day to day living expenses –the Tapeworm will grow.

GAO REPORT – Our pick for most important news last week was the US Government Accounting Office report that for the ninth year in a row, the federal government refused to produce audited financial statements.According to the GAO, "the federal government's fiscal exposures now total more than $46 trillion"...
    Click here for report highlights
    Click here for full report

DEBT LIMIT – From the Washington Post (AP) Monday, March 6, 2006 "Treasury Secretary John Snow notified Congress on Monday that the administration has now taken "all prudent and legal actions," including tapping certain government retirement funds, to keep from hitting the $8.2 trillion national debt limit."
    Click here for Washington Post article

THE REAL DEAL – From James Turk's pointed commentary in Economic Suicide (March 15, 2006): "The federal government faces a potentially toxic mix of constrained revenue, soaring expenditures, ballooning debt and rising interest rates." We would strongly encourage folks who want to diversify away from the federal credit as James advises, toward the type of financially intimate portfolio detailed in our latest audio seminar Solari Portfolio Strategy: The Power of Financial Intimacy.


Blessings coming your way!
-Catherine & the Solari Team


PS
For more on tapeworm economics and practical solutions see our
new Coming Clean webpage.