You probably won’t believe this but the President is going back on his word to compromise on a budget proposal that would have reduced federal debt. Yes the deal would have been smoke and mirrors but it sure sounded good. It seems Washington’s new unlimited debt ceiling is too good to pass up.
Obama promised to cap retirement spending by reducing cost of living increases for Social Security. In return he would continue to criminalize wealthy Americans and force them to pay higher taxes.
With full financial backing from our illustrious Fed, Washington is venturing into a spending spree that will be unmatched in U.S. history. What’s another 2 to 4 trillion between friends?
Fiscal insanity continues to become the norm.
Gold Goliath is not your typical gold dealer.