What a fascinating time. When you start staring at our government and its economy, you can start to feel an urge to put together a Carrie Mathison-style wall chart. Because on some level, it all starts to seem like it fits together, doesn't it?
• Here is an "explainer" about What The Federal Reserve Does. Spoiler: what the Fed has done for the last several years is literally give money for free to banks every day. Banks use that borrowed money to make money, including, even, sometimes, by loaning that money to customers. Exciting policy, am I right? "The campaign that gets all the publicity is called quantitative [...]
Gingrich: There is a lot of big government behind Romneycare, not as much as Obamacare, but a heck of a lot more than your campaign is admitting.
Romney: Actually, Newt, we got the idea of an individual mandate from you.
Gingrich: That's not true. You got it from the Heritage Foundation.
Romney: Yeah. We got it from you and the Heritage Foundation and from you.
Gingrich: What you just said is not true. You did not get that from me. You got it from the Heritage Foundation.
That exchange, from the October 18th GOP presidential primary debate, likely caused a good number of clenched sphincters within the drop-ceilings of power at The Heritage Foundation. Until [...]