Jesse's Café Américain

"Senators disturb us by reminding us of the possibility of large numbers swarming from China; but the answer to all this is obvious and very simple. If the Chinese come here, they will come for citizenship or merely for labor. If they come for citizenship, then in this desire do they give a pledge of loyalty to our institutions; and where is the peril in such vows? They are peaceful and industrious; how can their citizenship be the occasion of solicitude?"
Senator Charles Sumner, 1870

Showing posts with label deficit hysteria. Show all posts
Showing posts with label deficit hysteria. Show all posts
27 July 2011

Time to Take the Nuclear Option in the Deficit Discussions? Not Very Likely

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In all this excitement, no one seems to remember that the President unilaterally refused to play the Bush tax cut card back in June. At le...
06 February 2010

Fortune Editor Suggests That the US Treasury Will Have to Start Defaulting On Its Bonds

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Disclosure: The title of this blog entry is almost as sensationalistically misleading as the headline of the Fortune news article below. Soc...
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