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In June and July “economists” and the Fed told everyone to watch out because of a “deflation risk.” Then suddenly, before you could say “Ben Bernanke” everyone is worried about the Fed and their warning of coming inflation. “[I]nflation surely remains a more serious danger than deflation.” Said George Melloan with the Wall Street Journal. [...]
President Obama officially announced that that United States will be pulling out of Iraq on August 31 in the Oval Office. But in his speech he seemed to have confused goals and ideas. Both in his address’ to the troops at Fort Bliss and in the Oval Office, he stated that the war in Iraq [...]
The era of procrastination, of half-measures, of soothing and baffling expedients, of delays is coming to its close. In its place we are entering a period of consequences.” -Winston Churchill While this quotes context pertained to the days shadowing WWII, it still applies to the U.S.’s unsupportable spending and racking debt. A period of consequences [...]
