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So what happened during the debt ceiling shutdown during the Clinton administration?: Stock pricesIn President Obama's press conference on Friday, he was asked what would happen to the stock market:Q Yes, the marke
America's insolvency?I noticed that Rick Perry was reading Kotlikoff's book "Jimmy Stewart is Dead." He was also reading James Rickards’ ‘C- New York Times reports as fact that failure to increase Debt Ceiling Means DefaultHere is the first paragraph of a story for Monday's paper:Top Republican lawmakers and the Obama administration’s budge
- New National Review piece: Defending Fiscal Insanity “Demagoguery” is not too strong of a word to describe Obama’s speechMy National Review piece starts this way: In President Obama’s address to the Associated Press Luncheon on Wednesday,
- The US will hit the debt limit by mid-OctoberWell, this should keep a few politicians in Washington DC right before the election. Didn't Obama promise that the agr
- Two interesting pieces at NROJames Carter & James C. Miller III have a useful piece on how tiny the budget cuts really are.Conrad Black weighs in on
While private sector debt gets under control, public sector debt explodes
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