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Embrace the Sequester

Texas Chris Wrote: Feb 22, 2013 9:14 AM
The DOW is up because of an inflated currency. More dollars chasing the same amount of goods means higher prices. Automakers are doing well because they got a no-risk "loan" from the government, who stole it from us, the people. Banks are doing well because they are the defacto middle man for the Federal Reserve's monetization of federal debt. These things can only be papered over for so long before confidence collapses.

Something odd happened a few months ago as I weighed the various aspects of the dreaded Sequester Monster, a creature vilified across party lines.

It is often true that if enough people in government say something is bad, there is a strong chance of redeeming qualities.

So my journey began. The only element of the sequester that bothered me in the least was military cuts. But my friends at the Institute for Policy Innovation properly observe that defense spending will not fall below 2007 levels, which were 75% above pre-9/11Pentagon budgets.

High enough for me? Of course not. I actually want...