"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
President Bumps Fed Pay, Grinds Everybody Else
"On December 26, the day before President Obama’s pay-bump order, U.S. Treasury Secretary Timothy Geithner announced that on December 31, the nation would reach its debt ceiling of $16.4 trillion and have to undertake “extraordinary measures” to avoid default. Those extraordinary measures would include benefit cuts, higher taxes and less take-home pay for virtually all Americans fortunate enough to have a job. The House has approved a bill to rescind the pay raise executive order but a full 129 House members sided with the raise. That confirms that the government ruling class views everybody else in the spirit of 'let them eat cake.'”
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