Monday, June 14, 2010

On The Economy

Read the whole article, its great.

But on the whole, allow me to sum it up: The country will resume its downward spiral without a resumption of the MASSIVE borrow-and-spend caper Congress and The Fed have pulled for the last oh, 18 months..... And can we do that? Answer: no, not really. But let's go ahead and try, I've never see the bond market for a 12 trillion dollar economy crash instantaneously.

http://mandelman.ml-implode.com/2010/06/i-guess-nobody-wants-to-read-bad-news-fed-chair-ben-bernanke%E2%80%99s-testimony-to-congress/

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