"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
US Is Broke, Failing, But Show Goes On
"In his recent speech, US President Barack Obama pledged to pare the projected deficit by $4 trillion in the next 12 years, and to raise taxes on America's wealthiest Americans. . . . total US obligations are in the area of US$200 trillion. There is no real way that the US federal government can honor what it has already undertaken. These proposals (by both sides of the aisle) take on aspects of a dominant social theme. They are promotions, proposing unrealistic solutions to the very problems that that the process itself has created."
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