Sen. Dick Lugar (R-IN) signs on as a co-sponsor of S 13, the FairTax.
About Rep. Anthony Weiner (D-NY) and his alleged picture sharing fiasco, it’s no big deal. Although if he were a Republican, he would have already resigned and not consume the news.
His non-denial denial is laughable. Only thing I can add is that it couldn’t have happened to a nicer person.
That, and there must be something wrong with anyone wanting to see that guy below the waist. Well, except to see if there is anything there.
Here’s something to cheer you up. NOT! Ready for QE3?
The stock market has risen almost exactly as much as the dollar has declined during QE2 – that’s a net zero. If you’re a trader or investor the change is negative since you must pay taxes on your gains. That is, economics follow the thermodynamics principles that state that there’s no such thing as a free lunch; all economic processes involve “loss” (from your point of view anyway.) If you’re not a trader it’s even worse as the impact on the price of everyday necessities has been extreme, while incomes have not risen materially at all. This has transferred more and more of the common man’s “needs” to the Federal Government, which has responded by writing more and more checks into a deteriorating balance sheet.