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Religion & Law

: Constitutionally Correct

Washington is quietly repudiating its debts

By ADF Alliance Alert

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Gerald P. O’Driscoll Jr. has this report in the Wall Street Journal. He writes: “Will the U.S. Treasury repudiate its obligations to its creditors, be they citizens or investors around the world? Most observers would answer ‘no’ without hesitation. But Congress, with the complicity of the White House and the Fed, has arguably embarked on [...]

Full post as published by Constitutionally Correct on August 25, 2008 (boomark / email).

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