Posts Tagged ‘F’Americans to More Debt: Talk to the HandBy ANDREW JEFFERY This post first appeared on Minyanville. Washington just doesn’t get it: We don’t want more debt. While congressmen berating bank CEOs for their unwillingness to lend out their bailout money makes for a nice media clip, it reflects the growing disconnect between our elected officials and any semblance of reality. Not that [...] Fighting Debt With… Debt?By ANDREW JEFFERY This post first appeared on Minyanville. Our elected officials appear convinced that Americans should buy stuff they don’t need with money they don’t have. The Senate, in passing its version of the over $800 billion economic stimulus package yesterday, threw a great deal of cash at 2 industries whose products we have [...] |