OBAMA wants to increase the debt limit (WHICH MEANS MORE FLIPPING DEBT, despite what the dictator says). ALAN GREENSPAN, 20 yr head of the Fed Reserve, says: *… The bias toward unconstrained deficit spending is our top domestic economic problem.” *financial crisis lurks should we fail to resolve our deeply disruptive fiscal imbalance. And that imbalance is far greater than the official data portray [because of contingent liabilities to the U.S. government from possible rescues of large financial firms and iconic nonfinancial firms] … At risk is the status the American economy has held as the preeminent world economic power for more than a century. …
Posted on: Sun, 22 Sep 2013 23:14:10 +0000