Comment: I especially appreciate the vindication of Michael Milken...

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I especially appreciate the vindication of Michael Milken...

and the bond issues he was able to arrange for small-to-medium sized companies, which Mr. Griffin explains were doing quite well and giving a healthy return to investors who bought these so-called 'high risk' bonds. Step one he explains was to start calling them 'junk' bonds, the rest was easy.

Just to imagine how different this country would be if all these small American 'high risk' companies had had access to these funds that were throttled in their crib two decades ago...

Potential Annualized National Debt Allowance - a look back at 40 years of PANDA diplomacy next Pandaline