I pointed out the lie hidden in those numbers because while yes “public” debt did indeed decline, intragovernment debt increased so wildly that our overall Federal debt continued to increase. Intragovernmental debt is primarily the IOU’s that Congress has been using to replace the Social ...
Martens: While most attention today is focused on fraud in the issuance of debt securities, another problem impacting job creation is that the investment banks that are responsible for identifying and bringing to public market the innovative businesses that will lead our country forward, create new ...