Commentator and syndicated columnist Deroy Murdock will be speaking at an upcoming event on May 14 in Albuquerque. Check this site for additional information. His recent column in the Washington Times arguing that federal bailouts now equal 90.14 percent of GDP.
This $12,798,140,000,000 costs every American man, woman, boy and girl $42,105. A family of four’s share of the bailout equals $168,420. Bloomberg reckons this $12.8 trillion invoice is more than 14 times the $899.8 billion in U.S. currency coursing through the economy. This signals inflation ahead.
This is why tea parties are breaking out all over the state (and nation).