By DEADLY CLEAR
Like many Americans I have wondered what the actual spending habits of the government look like. Here’s a pretty good chart the New York Times posted on the economy.
Looks like President Bush’s spending habits were about as bad as Wall Street’s securitization Ponzi scheme – the timing of the rip-offs are about the same. The unanswered question is how much of the debt that is held by “THE PUBLIC” in state and local government pension funds is still holding value? For that matter – how much of all of that debt has actual Continue reading
s House and Senate leaders fine-tuned rival deficit reduction plans on Wednesday, Sen. Bernie Sanders spoke on the Senate floor about the public’s strong belief that additional revenue from the wealthy should be part of any package to reduce red ink. He cited a new Washington Post poll that found 72 percent favor raising taxes on those who make more than $250,000 year. Despite those overwhelming numbers, he said, “We are marching down a path which will do exactly opposite of what the American people want.” He called Republican opposition to more revenue “fanatical.” He also faulted President Obama for a bargaining strategy that sugars down to this: “Retreat after retreat after retreat.” Of the competing House and Senate proposals Sanders bluntly concluded that one is bad and the other is much worse. He shared his assessment with 
Last Wednesday, nearly lost in the furor over Rupert-gate and the debt ceiling crisis, came the surprising news that the Federal Reserve 
Massachusetts has joined several other states in saying 
By 
Deadly Clear 