Analyst's note: Absolutely must read this prediction of a U.S. financial meltdown in two to five years. What if the prediction is right, are you ready?  If nothing is done, then in less than 10 years our entire federal budget will consist of (1) interest, (2) Medicare, and (3) Social Security.  What do you think, should action be taken now to change this or should we continue to follow the current progressive path of redistributing other people's money?  Think Greece .....  Our national security and the safety of your family depends on what done about this problem as a nation.

Senator Tom Coburn (R-OK) believes that unless the U.S. gets its fiscal house in order, the financial and economic repercussions will be severe.

“How long do you think before the United States has a financial meltdown?” the Daily Caller’s Nicholas Ballasy asks.

“Two to five years,” Sen. Coburn responds without hesitating.

“Think about what will happen to us. We have $16 trillion worth of debt right now and we’re paying less than 2 percent on that debt  — that’s 4 percentage points less than our historical average for our debt,” he said, adding that he is confident interest rates will “come back up.”

“In 2022, less than 10 years from now, unless we make major changes that everybody’s saying they know has to be made but none of the politicians have the courage to make, the entire federal budget will be made of only three things: interest, Medicare and Social Security, nothing else,” he added. [....]