Let’s cut to the meat: [I]f America fails to enact historic, structural reforms in spending, an entirely new source of revenue will be needed. And it’s likely to be enacted in haste and near-panic, as the only option to forestalling a crisis. “The gap between revenues and outlays will be simply too large,” says J.D. [...]
Let’s clean up some tabs here…. It’s supposed to be cold in Vegas tonight. First person to say that disproves global warning gets smacked upside the head. It’s called “math”: Someone notices that rent can be more than a mortgage these days. Funny thing, your landlord is entitled to a profit over paying his own mortgage! [...]