Whiskey and Gunpowder – Collapse Is Inevitable:
Several countries are already past the point of no return. Even if America taxed 100% of all household wealth, it would not be enough to put its balance sheet in the black. And Professors Rogoff and Reinhart show that when external debt passes 73% of GDP or 239% of exports, the result is default, hyperinflation, or both. IMF data show the US already too far gone on both scores, with external debt at 96% of GDP and 748% of exports.
The rioters can go home, in other words. The system will collapse on its own.
Los Angeles Times – Justice’s wife launches ‘tea party’ group (Hat Tip: Brian B.)
CNN – 3 people associated with U.S. consulate killed in (Hat Tip: Brian B.)
The Washington Times – Justice, CIA clash over probe of interrogator IDs (Hat Tip: Brian B.)
Logistics Monster – The Consequences Of A Weak pResident; Americans Die (Hat Tip: Brian B.)
The New Editor – Pelosi’s strategy for passing health-care reform: ‘The Deeming Down’ of America
World News Daily – The Video That Will Put Geithner Behind Bars (Hat Tip: Brian B.)
WSJ – Gitmo’s Indefensible Lawyers (Hat Tip: Steve Schippert)
The Anchoress – “If the whole world were to crumble…”
Doug Giles – Hey Obama, Keep Your Hands Off My Fishing Pole!
The Telegraph – Pakistan intelligence calls for Afghan border to be closed (Hat Tip: Steve Schippert)
The New Editor – Recognize this Photo? Well, Some Professional Journalists Don’t
Fox News – ACORN Branches Rebrand After Video Scandal (Hat Tip: Steve Schippert)
The Anchoress – Pondering Gate 32 in the Rain
Lucianne.com – ObamaCare Rules & Regs (Hat Tip: Brian B.)
KFOR.com – McLoud residents “hook up or pay up” (Hat Tip: Brian B.)
heraldscotland – Final destination Iran? (Hat Tip: Brian B.)
Hot Air – Another billboard mystery in Minnesota? (Hat Tip: Brian B.)
The Washington Examiner – Democrats aren’t suicidal. They’re self-executing (Hat Tip: Brian B.)
Wired – Obama Supports DNA Sampling Upon Arrest
LA Times – MEXICO UNDER SIEGE: 13 killed in Acapulco area, 11 others elsewhere
Yahoo! News – US/Israeli ‘Ties in worst crisis since 1975’
The Telegraph – CHINA VS. USA CLASH ‘COMING TO A HEAD’
Fox News – House Panel Forwards Dems’ Health Bill Maneuver
Fox News – Report: Pentagon Official Caught in Spy Scandal Probe
Michelle Malkin – Nanny Nancy lines up the kiddie human shields
Michelle Malkin – Liveblogging the House Budget Committee wreckonciliation mark-up
Michelle Malkin – Corruptocrat AG Eric Holder and his terror-coddling DOJ, Pt. 9,899
Michelle Malkin – Valerie Jarrett: Hurray for Obama’s “womanly leadership”
Michelle Malkin – Big Government Burrito: A taste of the 2,309-pg Demcare/Student Loan Reconciliation Bill; Update: A tortilla shell fake-out
Gateway Pundit – FAIL. Obama’s Health Care Rally Prop Is In Hospital… Getting Care… Despite No Insurance
Gateway Pundit – Obama Takes Heath Care Road Show to Ohio; Local Dem Rep Skips Town
Gateway Pundit – Glick: “Given His Pedigree, No One Should Be Surprised Obama Is Stirring Up Crisis With Israel”
Gateway Pundit – Michele Bachmann Compares Obama-Pelosi Cabal to Marxist Hugo Chavez
Gateway Pundit – Hamas Sermon in Gaza: Rome Will Be Conquered by Islam
Gateway Pundit – Valerie Jarrett Explains Why Obama Being ‘Womanly’ Is a Good Thing (Video)
Gateway Pundit – Iranian Moderate Leader’s Home Attacked & Defaced by Regime Thugs
Gateway Pundit – Catholic Archbishop Warns About Dishonest Pro-Obamacare Leftist Groups Posing as Catholics
Gateway Pundit – White House Says Kickbacks & Bribes Will Stay in Obamacare Bill