The President and his Democrats struck a mighty blow against the sick, underemployed American economy with their Unaffordable Care Act. Obamacare is sucking gobs of money from Americans who are already short of it, the economic equivalent of bleeding an anemic patient. It is quackery, and it is difficult to see how the economy will sustain the impact. But this administration and complicit Republicans are doing worse yet by their pimping of the U.S. government.
It used to be said seriously: “If you can’t trust the U.S. government, who can you trust?” The FBI provided “The Untouchables” and the Federal Marshal came in to clean out local corruption in stories of the Old West. A lot of hyperbole, no doubt. corruption in government created the Civil Service, after all. And that has provided relatively clean government that has been the envy of the planet. But that distinction seems gone with the Judeo-Christian morality that produced it and: “You can’t trust the U.S. Government is sober advice.
President “You can keep your doctor” Obama is fronting the parade but his minions in
the IRS, the NSA, the Justice Department and the State Department seem fully professional on their own. The latest and perhaps, most grievous, report describes the reporting of bond sales by the Federal Treasury. The world’s financial system relies upon such information.And it now seems that it should not be relied upon at all. This isn’t a total surprise; we’ve wondered at unemployment and inflation statistics ourselves. But bonds sold are movements of money, not statistics. When money counts fail, that says the books are cooked. And if you can’t believe the books of the U.S. government, it has become: Every man for himself. Wiley E. Coyote has followed the Roadrunner off the cliff …