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Gould 0738
 
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Default U.S. debt spinning out of control

Ed McKelvey, an economist at Goldman Sachs, declared in the investment
firm's newsletter last week that "the U.S. federal budget is out of
control."


As far as the economy goes, the current GOP controlled congress and white house
have built a house of straw. Now that they have set fire to the house, they are
pointing out to the 300 million occupants that there seems to be a lot of free
heat. How wonderful.