The issue of raising the debt ceiling isn’t so hard to understand after all.
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It takes courage to be involved in the fight. Here are some with courage.
This is not an error or a mistake on his part.
Within days of each other, two announcements concerning the future of the US currency appeared in the popular press, and each avoided any mention whatsoever of the primary driver of the changes. First was the announcement on November 26th from Secretary of the Treasury Timothy Geithner that the U.S. Mint will begin removing pennies and nickels [...]
This is not obvious until it is seen.
These folks are way too optimistic. There won’t be any true or complete economic recovery until government gets out of the way.
Truth seems truer somehow when discovered by those trained not to see it.
Considering the precarious position the country is in, it’s amazing that Congress looks like it’s going to do everything it can to put off into the future – punt, kick the can, whatever you choose – to avoid making any hard decisions today. I agree with Mark Twain.
I didn’t mention that a lot of the GDP growth came from government spending. Gee, I wonder if that had anything to do with the election? Probably just a coincidence.
It’s a game, a charade. Even if the central bank’s president lies through his teeth, his audience believes him anyway. Is there no one there to exclaim: “The emperor is naked!”?