It is not looking good financially in the United States!

It is not looking good financially in the United States with further banks going under. The U.S is further ahead of us in Great Britain in terms of the subprime crisis. However, the near collapse of the American mortgage lenders Fannie Mae and Freddie Mac must have scared the daylights out of the financial elites in the
Land of the Free.
There has always been debate whether Fannie Mae and Freddie Mac benefitted from a federal guarantee and now we know. However, the U.S financial authorities have
(it appears) been quicker in acting.
www.searchaccountant.co.uk
Financially, the country cannot afford Iraq and Afghanistan. The U.S must pull out of both countries or get other allied countries to pay for the costs. We are in a certain situation similar to the Vietnam War, which led or at least happened at the same time as the near collapse of the American financial system.