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Thursday, March 3, 2011

536 Fools And Their Bloated Pie

The President, 100 members of the Senate and 435 members of the House of Representatives are who I collectively refer to as the 536 Fools. The following chart illustrates why:

From Market-Ticker

See those four huge slices that take up the right hand side of the chart? Those pieces are, one way or another, going to be addressed by Congress. It will either be an orderly and honest discussion about slashing these programs, or the bond market will cause a disorderly breakdown, and tens of millions of Americans will be thrown instantly into chaos.

Which would you choose?

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