The Edge of Tomorrow

"There are men, in all ages, who mean to exercise power usefully; but who mean to exercise it. They mean to govern well; but they mean to govern. They promise to be kind masters; but they mean to be masters." Daniel Webster

Thursday, June 11, 2009

Keeping a Wary Eye on Obama, Part X

An auction of Treasury bonds dones't go very well and long-term interest rates continue to climb on fears of inflation.
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