In light of the failing economy and mounting bailouts ..

budget deficits could explode over the next 10 years according to a new report from the Congressional Budget Office which is discussed in the Washington Times. The implication of course could be higher taxes, higher borrowing costs for consumers and businesses, an even weaker dollar and cutbacks in government spending at all levels. As I have suggested here many times, now is not the time to go out on a limb and get yourself into a deep hole.

Don't forget to check back to Dan's Deep Creek Blog for future updates.