All You Need To Know About "The Greatest Story Never Told"

First, anybody a) who invests and b) who has an internet connection and c) who doesn't read Calculated Risk is not too bright.

Second, America's economic mirage is based upon debt that just ain't gonna get paid back. If you disagree, go ahead buy a 30-year US Treasury Bond today yielding 4.66%. I dare you. I triple-dog dare* you.

A dollar from 1977 is worth 30 cents today (and that's using the government's own bogus low-CPI figures).



The headline above of course refers to CNBC neo-tool Larry Kudlow's oft-spouted opinion of some imagined GW Bush economic nirvana, which of course it sort of appears to be to the neo-con billionaires that Kudlow hangs out with after playing squash and cricket and polo (horse, not water). Thurston Howell could kick Kudlow's butt.

*Note: The infamous Triple-dog-dare is infamous for the sole reason that you cannot back down from it--without exception! An issued triple-dog-dare has no counteraction and must be implemented and/or carried out.