Wednesday, July 07, 2010

Yet another reason....

.....that Americans need to pray is the "logic" of Congressman Pete Stark, who believes, apparently, that the national debt is equivalent to the national wealth.  If you doubt that Democrats cease to understand the implications of an accounting spreadsheet once they enter the corridors of power, take a look at the economic logic of this rocket scientist--yes, he is an MIT graduate.


Pilgrim said...

Such financial insanity isn't new.

Hamilton was famous for saying, "A national debt is a national treasure."

Bike Bubba said...

Here's the one I found:

"A national debt, if it is not excessive, will be to us a national blessing."

I concentrate on that middle clause.....and pray that Rep. Stark (or hopefully a replacement, and soon!) will as well.