Cat's Out of the Bag, PIIGS in a Poke, The Next Shoe to Drop, etc.

The next act in the Global Ponzi screenplay is the municipal insolvency crisis, bubbling ever closer to the surface of mainstream (un)conscoiusness. Watch for how shocked they will be at the "revelations"...

"beyod expectations..."

"surprising depth..."

"unanticipated sums..."

"startling revelations..."

Is my job at CNBC open yet?