Sunday, December 19, 2010

Laughing at Fiscal Absurdity By The Mogambo Guru

http://dailyreckoning.com/laughing-at-fiscal-absurdity/

"...
we get a Theater of the Absurd with a weird, Kafkaesque nightmare of gigantic governments, where spending by local, state and federal government is fully half of GDP, become frantic when confronted with the inevitable bankruptcy and total ruination due to their stupid fiscal policies, which were only possible in the first place because the evil Federal Reserve created the money that made it possible!"

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