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OpenCalais Metadata: Latitude: 
47.5
OpenCalais Metadata: Longitude: 
-120.5

Stockman Fears Fiscal Bloodbath As "Mother Of All Debt Ceiling Crises" Looms

Stockman Fears Fiscal Bloodbath As "Mother Of All Debt Ceiling Crises" Looms

Authored by David Stockman via The Daily Reckoning,

While the Imperial City is frozen in the Second Coming of Comey, it doesn’t mean that the Washington spending machine is on pause. In fact, the Treasury’s cash balance yesterday stood at only $153 billion — down by $130 billion just since the tax season peak was reached on April 25th.

 

Paul Craig Roberts: 'Sauron' Rules In Washington

Paul Craig Roberts: 'Sauron' Rules In Washington

Authored by Paul Craig Roberts,

“The problem is that the world has listened to Americans for far too bloody long.” - Dr. Julian Osborne, from the 2000 film version of Nevil Shute’s 1957 book, On the Beach

A reader asked why neoconservatives push toward nuclear war when there can be no winners. If all die, what is the point?

The answer is that the neoconservatives believe that the US can win at minimum and perhaps zero damage.

Sauron Rules in Washington

Sauron Rules in Washington

Paul Craig Roberts

“The problem is that the world has listened to Americans for far too bloody long.”  — Dr. Julian Osborne, from the 2000 film version of Nevil Shute’s 1957 book, On the Beach 

A reader asked why neoconservatives push toward nuclear war when there can be no winners. If all die, what is the point?

The answer is that the neoconservatives believe that the US can win at minimum and perhaps zero damage.

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