You are a clueless idiot.
First the most important things on a balance sheet are income and outgo.
That is an Income Statement, not a Balance Sheet. Who’s the clueless idiot now?
I don’t know much about economics but for many years I have thought that many people living well beyond their means would be the downfall of our great country. We will not be able to spend our way out of this one and I fear this bailout is throwing good money after bad. Somehow though we must not let our banks fail. How to do it? Or do we simply have to go bust, pick up the pieces and start over. As much as I hate to say it
I believe this is what is going to happen. It could get ugly. Especially with obama and a democratic congress.