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Re: Cartoon of The Day
The words on the cowbell should have read "American Taxpayer" -
Re: Cartoon of The Day
Isn't that Bush in the background driving away in a milk tanker truck?"The test of our progress is not whether we add more to the abundance of those who have much it is whether we provide enough for those who have little." - Franklin D. RooseveltComment
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Re: Cartoon of The Day
Skinny looking cow.Comment
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Re: Cartoon of The Day
Yep, following Clinton in the tanker convoy.Originally posted by Jeff
Seriously - Bush HAD money. Clinton on the other hand became rich.
So do the math.Comment
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Re: Cartoon of The Day
This image conveys what should be the truth, but what is in fact not.
there has been yet shown any limit to how much debt can be issued (and monetized) by the U.S. - recall Bernanke's speech referring to the "printing press".
Why are long bond yield low?
Why are currency values relatively stable?
Maybe because these markets are not private. As EJ has pointed out, what we're witnessing is more driven by political machinations than economic reality.Comment
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Re: Cartoon of The Day
Cartoon galore with music! in 3 1/2 minutes...
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