Talk about an example of all that’s wrong with politics, politicians, current economic “beliefs,” business schools, oh, and morals & ethics. Congressman Stark, in office since 1973 just made himself a target of the next revolution:
There is so much wrong with what Stark is trying to say, I just don’t know where to begin. Okay, let’s start with his “the more debt we owe, the wealthier we are” line. He is delusional beyond belief to even attempt to paint national debt as a sign of wealth much less distinguish it as different from personal debt. Yes, a wealthy country can borrow more, but a wise country borrows less – a country that can no longer pay its debts is bankrupt, and that’s what this country is, that’s why we are now resorting to “quantitative easing” in the terms of the geniuses who graduated from business schools like Stark.
Stark should resign for this behavior, and if he does not should be impeached for both his behavior AND for his delusional beliefs.
Economic News , Data & Views......March 30 , 2017 .......Quick Hits For Thursday -1) Markets : Asia- Economic Calendar , Market Moving News And Data ( Updated Regularly ) ; US : Major Indexes Finish In The Green , Gold Down Handily , Oil Crosses 50 Dollars , Ten Year Treasuries Yields Rise 4 BPs. 2) US Political Round Up : Judge Neil Gorusch Garners Two Democratic Senators Who Will Support His Nomination To The US Supreme Court ; White House Invites Leaders Of Intel Committees To View Certain Classified Documents - In Relation To Ongoing Russia Interference Investigations ; Katie Walsh Leaves White House - Some Say Due to HC Bill Failure ; White House Deciding Whether To Pull Out Of Paris Climate Accord ; Freedom Causcus & Trump Exchanges Words Even As Talk Of Taking Another Crack At Passing Replace & Repeal HC Is Floated , Additional Political Developments To Consider. 3) Europe In Focus : UK News - Brexit Related News Primary Lead , Latest Crazy Statement From EU President Juncker ; France Election Updates ; Additional Items Of Interest Pertaining to Austria , Greece , Ukraine , The ECB And The Ongoing Refugee Crisis. 4) Odds & Ends : South Africa's Political Tensions To Boil With The Sacking Of Finance Minister Gordhan By President Zuma ; Libya : State Of Play On International Front , Tensions On The Homefront.
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