The "throw the next generation onto Molechs Alter" bill didnt make it. Things will get ugly. Better on us than on future generations.
Gary North pointed out that one Democrat congressman from North Carolina,Brad Miller, said his calls were running 50/50...half were saying "No!" and the other half saying "Hell no!"
Another of his posts had this jem fromthis Forbes story that noted...
In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.
"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."
AAAUUUGGHHHH!!!! and it just had to pass? And when I hear of things like this happening it makes me sick... "The Republicans of the House went into a closed session on Sunday evening. It lasted for well over two hours. The negotiators supposedly made their case to accept the 100-page plan. There was no time to read it, of course. The caucus made no decision."
Mr North says that the money presses have been turned on by Fed chairman Bernanke. He also says they will do whatever they have to to get this passed on another vote. I dont subscribe to cable or news papers. I do think $10 a month is a bargain for Gary North's service. I have gleened a lot from his entreprenuial guidance and ideas.
And I continue to trust in the Lord and His providence. No man or men can stop His directing of history. He lifts up and lowers nations.
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