The following is from “Dead-End Debt Debate,” now on WND.COM:
“The economy is in advanced stages of decrepitude due to debt: public and private. Nevertheless, a just-released ABC News/Washington Post poll revealed that 58 percent of self-identified Republicans believe that if their government doesn’t continue to borrow apace, things will get worse.
In legislative language, our wily political pitch men have been granted license to lift the debt ceiling! Quick-fix quacks in both chambers can now proceed to borrow by further inflating the country’s fiat money supply.
Duly, two broad plans have been hatched. These schemes are aimed at saving financial face, more than slashing spending or trimming America’s gargantuan government. To listen to this school of scoundrels – represented by statists from different corners of the political boxing ring, from Fox News’ Stuart Varney to MSNBC’s Rachel Maddow – not to raise the debt ceiling is plain unpatriotic. … Needless to say that, “Cross-party consensus results when political expediency trumps principle.” …
The complete column is “Dead-End Debt Debate,” now on WND.COM:
My new book, “Into the Cannibal’s Pot: Lessons for America from Post-Apartheid South Africa,” is available from Amazon.
Please note that you can purchase the lower-cost Kindle copy of “The Cannibal” without having to own a Kindle – all you need is a PC or a hand-held device (iPad or phone). This hyperlink describes the free Amazon software application for these devices. So you do not require a new gadget to read the book on Kindle.
A good way to help this work’s mission, and raise awareness of the issues covered in depth and detail in the book, is to post your reviews to Amazon. You don’t have to have purchased the book from Amazon to review it on the site.
Upcoming Mercer media appearances are here. I’ll be talking with Chuck Wilder of “Talk Back” tomorrow, Friday, July 22, from 12:40PM until 1:00PM Pacific