"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
Monday, June 8, 2009
Keeping a Wary Eye on Obama, Part IX
Bond traders are driving up interest rates because they are concerned massive federal deficits will spark inflation. In turn, that threatens efforts to boost the housing market.
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