This article by Mish is interesting for a number of reasons. Not the least of which is the Vice President of the United States raising the spectre of the U.S. going bankrupt. That should really help consumer confidence.
But it was the history about William Calley that really got Peacenik's attention. Peacenik thinks war crimes should be prosecuted. It's called deterrence and justice. But look what happened to William Calley of My Lai infamy. Two days in jail. Three years of loose house arrest. And a lifetime of celebrity status on the right wing hate circuit. 30 years later the U.S. can barely be bothered investigating war crimes. And the right wing hate circuit dominates public discourse.
Orwellian Comments - Vice President Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
My Lai Massacre
Inquiring minds are flabbergasted over the latest comments from Vice President Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
Vice President Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more money.
“And folks look, AARP knows and the people with me here today know, the president knows, and I know, that the status quo is simply not acceptable,” Biden said at the event on Thursday in Alexandria, Va. “It’s totally unacceptable. And it’s completely unsustainable. Even if we wanted to keep it the way we have it now. It can’t do it financially.”
“We’re going to go bankrupt as a nation,” Biden said.
Read on...