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“Summers,” Stockman continues, dispatching his next victim, “has had in his whole life only one idea—and it’s wrong. The idea is: No matter what state we are in the cycle—you’re entering a recession, coming out of the recession or facing one down the road—stimulate the economy, add to the federal debt, basically borrow from the future in order to create false gains today.”
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It takes a lot to spook the solid old gold market. But when it emerged last week that one or more banks had lent 380 tonnes of gold to the Bank of International Settlements in return for foreign currencies, there was widespread surprise and confusion
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No words.
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And not to be outdone, the spin off, Simon Tamm MD.
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Firefly intro redone in 80s style. Truly amazing.
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A program by a nursing student at Indiana University enabled a phone to send an emergency message or make a call, if someone fell. It used the phone’s accelerometer to sense a fall. If the person did not get up in a short period or press an onscreen button, the program automatically texted or called the person designated to receive the alert. “These aren’t the slickest applications in the world,” Mr. Abelson said. “But they are ones ordinary people can make, often in a matter of minutes.”
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The commission leaders said that, at present, federal revenue is fully consumed by three programs: Social Security, Medicare and Medicaid. "The rest of the federal government, including fighting two wars, homeland security, education, art, culture, you name it, veterans — the whole rest of the discretionary budget is being financed by China and other countries," Simpson said.
