"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
U.S. is Confronting a Federal Debt Crisis
"A year ago, Standard & Poor's fired a shot across America's bow, downgrading its coveted AAA rating to a AA+. S&P's rationale for the rating cut was specifically that Congress's Budget Control Act "fell short of the amount … necessary to stabilize the general government debt burden by the middle of the decade.""
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