from washtimes........
"Given that the downgrading of America’s credit score by Standard & Poor’s roughly coincided with the launch of this book, it’s amusing (but hardly surprising) that the prologue is titled “The Stupidity of Broke.” Upfront we are introduced to a raft of unhappy information about our nation’s unsustainable spending and borrowing habits. Soon our interest payments on the national debt will exceed what we spend on defense, and by the way, those same payments will fund the entire military (somehow I don’t think “defense” is the right adjective) budget of the People’s Republic of China. With characteristic understatement (well, not really) Mr. Steyn observes that when “the Commies take Taiwan, suburban families in Albuquerque and small businesses in Pocatello will have paid for it.”............READ MORE
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