In response to:

Banking On The Path To Fiscal Ruin

Paulus Textor Wrote: Jan 09, 2013 10:49 AM
Certainly, the EX-IM Bank is a typical corporate welfare scheme of the Republicrat Party. For a brief moment, judging by the title of this piece, I thought perhaps Ken Blackwell was going to discuss the entire, rotten system of Federal Reserve counterfeiting and fractional reserve banking. Well, that was a little too much to hope for. Complaining about the Ex-Im, while ignoring the Federal Reserve, is like criticizing the mote in your neighbor's eye, while ignoring the beam in your own.
Frank130 Wrote: Jan 09, 2013 11:01 AM
Yes, but his main point was in his first paragraph & he basically then got fixated on the EX-IM Bank as an example. He could have, should have , done better, but his main point remains.

A trend has taken shape in Washington, and it has put our country on a devastating path towards potential fiscal ruin. The trend is characterized by an unsustainable penchant for spending money we don’t have. It became crystal clear in last year’s debt ceiling negotiations and was further highlighted by the recent debate surrounding the fiscal cliff; our country is broke, yet our government continues to spend more, risk more and accumulate more debt. Entitlements are often blamed for the vast majority of our spending issues, but our tendency to overspend is not restricted to just these. Parallels exist across the...