“In the distance, I see a frightful storm brewing in the form of un-tethered government debt. I choose the words -“frightful storm' - deliberately to avoid hyperbole. Unless we take steps to deal with it, the long-term fiscal situation of the federal government will be unimaginably more devastating to our economic prosperity than the subprime debacle and the recent debauching of credit markets that we are working right now so hard to correct.” LongHardGovernmentFormTermDealsSituationStepsEconomicRight NowDistanceProsperityCreditDebtStormLong TermFederal GovernmentBrewingHyperboleEconomic ProsperityDebaclesGovernment Debt Author:Richard W. Fisher
“In times of economic distress, it's only natural for people - and Americans have done this for many years - to look for a scapegoat. Depending on where you live in this country, the scapegoats are either, frankly, Mexicans or Muslims. So, you know, God save you if you happened to be a Mexican Muslim in America right now.” PeopleIfsKnowsYearsLooksCountryDoneAmericaNaturalHappenedEconomicRight NowDistressMexicanKnowing GodScapegoatWhere You Live Author:Reza Aslan
“What we've also got to think about is the limitations of military power. Maybe it's time to focus on the economic issues, and most of all the political issues, because the political failure in Iraq right now is almost worse than the military failure. And the two are intertwined.” ThinkingTwoPoliticalIssuesFocusEconomicMilitaryRight NowIraqLimitationIntertwinedMilitary PowerPolitical IssuesEconomic Issues Author:Paul Rieckhoff