It was a victory of a kind, but not for the American taxpayer.
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Outside the walls of his church the reverend is as dumb as a box of rocks when it comes to economic reality.
The insiders are relentless and indefatigable in their determination to inflict world government on the rest of us.
This is nearly unalloyed good news on a number of fronts.
In the face of the largest municipal bankruptcy in history, the state of Michigan decided to go ahead and let Detroit build another half-a-billion dollar public works project in order to “stimulate” the economy. Will these people ever learn? Apparently not.
The new GO will be better than the old GDP, but it will still miss huge swaths of economic activity taking place here.
The politicians in Chicago are just as venal and arrogant as those in Detroit, with the same outcome.
Puerto Rico is the US in miniature.
Puerto Rico is the bubble in the Caribbean that muni-bond holders are just now discovering in their portfolios.
This article, crafted for publication in The New American print magazine, exposes the lie of Progressivism in the most vivid terms.