At the present rate of growth in disability recipients, SSDI will be bankrupt in three years.
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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.
It was ol’ Mitch himself – that good conservative from Kentucky – who dreamed up this little gimmick.
Call them justifications, explanations or clarifications, one thing is certain: there aren’t enough Americanists in Congress … yet.
Boehner has surrendered.
I keep forgetting that the Treasury Department is in thrall to the Obama Administration. When the department is asked to jump, they immediately pull out the trampoline and ask, how high, your holiness?
A sham and a fraud. That’s all these front groups are. Amazingly, 357,000 gullibles have been found to sign their petition.
These are government numbers for government purposes and have no semblance to reality.
Is this the big one? Is this the end of the long bubble the Fed has been blowing since 2008? Could be.