John E. Silvia is the chief economist at Wells Fargo bank. On Wednesday he told CNBC that “the plot in Greece and Portugal sounds an awful lot like the same plot that’s going on in the United States”, the only thing different is the names of the players, he said.
Mitch Daniels, the governor of Indiana, sees the path the nation is on as one ending in insolvency. “It’s not a question of philosophy. It’s simply arithmetic.” he said.
Last October we published an article entitled “Fruit from the Obama Tree” in which we quoted Pravda.
From the Russian newspaper PRAVDA
Commenting in the Spring of 2009, “like the breaking of a great dam, the American decent into Marxism is happening with breath-taking speed.”
Whatever one may say about PRAVDA, they know Marxism when they see it.
Senator Schumer (D-NY) tells fellow Democrats to use the word “extreme” when speaking to the press about the Republican efforts to trim about 3% from the Democrat’s spending plan. Considering the direction in which the country is going, a better word for attempting to trim the budget by only 3% might be “pathetic”.