In response to:

Bursting the Washington Bubble: The Outlook for 2013

Matt in N.C. Wrote: Feb 01, 2013 5:12 AM
Yes, prospects are lousy, but you're an optimist. Any of a million conceivable events, say, an Al Qaeda attack on United States soil, an Israeli attack on Iran (or vice versa), a blowup on the Korean Peninsula, trouble in one of the PIIGS, or the collapse of California, can kick off a recession if not a depression. And you seem not to give the politicians of both parties their due. They can screw things up with little warning in ways we can't conceive.
rhinegarten Wrote: Feb 01, 2013 6:50 AM
A financial collapse in California wil be covered with more federal money printing.
Rich L. Wrote: Feb 01, 2013 11:07 AM
Correct, it is too big to fail.

Yes, it’s that time of year again.

It’s time to hold our nose and check the diaper that we have all come to know as Obamanomics.
While rightly this review should have been completed closer to the first of the year, there were too many events in the offing that were likely to impact the...