"We don’t make decisions about questions like intervention based on consistency or precedent. We make them based on how we can best advance our interests in the region" President Barack Obama's Deputy National Security Adviser Denis McDonough Mar. 28, 2011 --- ........
Did you know that in 1947, to keep the nation running, Washington only collected $2,522(in today's $)per capita in Federal revenue. Today it collects over $2.165 trillion in Federal revenue, that's about $10,200 per capita. This blog uses facts to help expose the endless torment of our two party political system. From incumbent trash that lingers on, to constantly bringing up the $110 trillion plus in unfunded liabilities from entitlement programs.
Tuesday, March 29, 2011
Thursday, March 10, 2011
Pimco's Gross dumps U.S. debt
NEW YORK (CNNMoney) -- Pimco's Total Return Fund (PTTRX), the world's biggest bond fund, slashed its exposure to U.S. government debt to zero last month.
It's the second month in a row that well-known fund manager Bill Gross has drastically reduced Pimco's exposure to U.S. government debt.
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