Congress

From the Daily Mail and Zero Hedge.

It seems that on average, Senators on the Senate Foreign Relations Committee that voted for air strikes on Syria collected 83% more in campaign contributions from defense contractors than did Senators who voted against.

We have nothing to add to the two fine columns we linked to above and encourage you to spend a couple minutes with either or better yet both, except to say if you're wondering how the United States Senate can ignore the will of 60% or so of the American people and vote the United States into yet another war, here's a likely answer.

The following chart is from Zero Hedge and also links to the piece from which it was taken.

It seems like Ike got it right.

From The Economist.

As always click on the chart below for the very quick read that accompanies it.

“The proposed budget cuts from the Obama administration and Congress are jokes.

They are woefully inadequate.

And polls this week revealed that even many self-identified Tea Party members have no desire to cut Social Security and Medicare benefits.

The weaker the political will to enact painful budget reforms, the faster the federal debt will grow.

The faster the debt grows, the more the Fed will be pressured to monetize, which boosts the money supply.

The further the money supply grows, the more urgency investors around the globe will feel to buy gold, silver, and other hard assets.”

Dan Amos, The Daily Reckoning, 03-11-11

From the International Harry Schultz Letter

If pro is the opposite of con.

What is the opposite of progress ..... ?

Congress.

That ain't funny!!!

 It could work.

and