“The latest proposed expansion of the Act requires telecommunications providers to store the text of all e-mails and details of all phone calls transmitted over their lines.”
“[We] are witnessing the destruction of the largest asset bubble in history and risk is very high. If sensible people take control of the government’s response to this problem, they will allow the market to wind down this debt with as little monetization as possible. This will lower the standard of living in the U.S. for some time, but will eventually clear the decks for future economic expansion… If the wrong people remain in control of the government response to this situation, the dollar will eventually be completely destroyed and a hyperinflation will occur. This will sap vast wealth from the middle class.”
