With every passing year, more cities, states, and government entities come one step closer to being the next Detroit. As Politicians make bigger promises for public pensions, citizens are being asked to shell out more and more money in taxes. Grover Norquist joined the program to discuss the connection between the two.
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Hussman's Open Letter to the Fed; The Problem with Bubbles; Textbook Pre-Crash Bubble; Reflections on Not Chasing Bubbles; Integrity vs. Respect | Mike Shedlock