Tag Archives: Wall Street Reform Bill

So says President Obama. Here are the facts:

(1) Globalists smothered the U.S. Policy apparatus with the fabricated notion that the world was their economic oyster. This theology was married with a sort of combo-myth; high-tax and high-labor cost equals non-competitive and with this addition you’ve got the complete global-solution mythology.

(2) Print-to-suit monetary policy made the cannibalizing of domestic economic capacity, paired with the peevish ambiguity of service-based economic salvation, seem inconspicuous. Of course the reality was that it is and was never possible for debt-funded spending, service-based consumption or glutinous consumerism to be a viably economic substitute.  Read more...