In response to:

The Decline and Fall of America

capitalust Wrote: Nov 19, 2012 7:33 AM
There is no way to dig out. The hole is infinitely deep. The total liability is 220 Trillion dollars today, and growing very rapidly. There is 125 Trillion dollars of wealth in the entire world. Do the math.

A few days after the election of 2012 the very talented Michael Ramirez published a political cartoon that perhaps conveyed a more profound meaning than he anticipated. He depicted a pair of hands extending from star-studded sleeves (presumably from a mendicant Uncle Sam), which were held in supplication, as though waiting for a handout or petitioning voters to relinquish more of their earnings to the federal government. There’s another way of interpreting this image, however; the hands appeared not only pathetic and a bit contemptible, but also aged and withered, as though belonging to an old man. In which case,...

Tuesday, May 21 | 09:13 PM ET
Tuesday, May 21 | 09:13 PM ET
Tuesday, May 21 | 09:13 PM ET
Tuesday, May 21 | 09:13 PM ET