U.S. Debt Infomercial (Ratigan & Spitzer Clip)
Aug 5, 2009 at 4:42 PM
DailyBail in Dylan Ratigan, bailouts, bankruptcy, debt funding, deficits, dylan ratigan video, eliot spitzer, morning meeting, national debt

Excellent discussion of the growing cost of funding our national debt (Treasury yields spiking this year), and the complicated task of selling that debt overseas, specifically to China.  Spitzer says the solution is rebuilding the U.S. domestic manufacturing economy, not to reinflate the debt bubble.  The Bush-Obama administration has elected the hazardous and imbecilic re-inflation option.  A Ship of Fools.

Watch

 

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