Gov't is Leveraging up... for Entitlement Spending

Why learn lessons the easy way? Or, better yet, why learn them the first time around? Or, at all?

With the carnage of financial crisis temporarily in the rearview mirror and only more, along with fiscal deficits, visible outside the windshield, the Obama administration is driving this nation headlong into the money pit… blindly following the trillions it’s hopelessly poured in beforehand.

Turns out it’s not only Wall Street that likes the gas pedal.


The Daily Reckoning