New CLIPSER Direct www.clipser.com Obama seeks fiscal responsibility mantle www.reuters.com The “pay-as-you-go” budget formula plot is A joke finance.yahoo.com Whitacre Vows to Learn About Cars as Chairman of New GM Board www.bloomberg.com Russia May Swap Some US Treasuries for IMF Debt www.bloomberg.com Fed Would Be Shut Down If It Were Audited, Expert Says www.cnbc.com 10 Equipment You Must Do To Survive The Coming Economic Crisis: NationalResistance.info 1)Stop listening to those who claim that The Market is telling you the recession is ending/over. Baloney. 2)Get out of debt – NOW. 3)Stop spending more than you make – in fact, do the opposite – start saving. NOW. You need to be saving 10% of your yucky income. 4)Ive said it before but it bears repeating: have the ability to make it even if you lose your job. Most people say three months of reserves are necessary. Ive said six months to two years, and Ill reiterate it. 5)Pull ALL of your business from ANY bank that has received federal help. 6)If you have assets in the stock market, and have thus loved the rally off SPX 666, either sell or ring fence that exposure RIGHT NOW. 7)Map out what youre going to do if we suffer a sudden stop and be set to do that plot. 8)Dont count on metals. 9)Get your hands on lawful means of self-defense. 10)Map out who your friends are – and arent.