Morgage Delinquencies Continue To Rise
This chart courtesy Calculatedriskblog.com

As the economy continues to contract, jobs are lost and mortgage delinquencies rise. This chain reaction will continue to deflate the real estate, stock and bond markets. Also, lower incomes result in lower tax revenues at the precise time the government is requiring higher tax revenues to fund their socialist programs.

Because of this, look for higher taxes accross the board. Smart investors should be looking to private investments like gold to avoid the coming tax blitz from Uncle Sam.