George Washington's Blog reports:
As the nearby chart indicates, the price of insuring Treasury debt against default now costs more than the price of insuring the debt of almost any AA or A+ rated company in the country. In other words, the Treasury is not quite as AAA as it should be, according to the buyers of credit default swaps.The God of majority voting theft is beginning to fail.Something to keep in mind as more politicians promise other peoples' money to other people.
