"An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The whole system of interventionism collapses when the fountain is drained off: The Santa Clause principle liquidates itself." - Ludwig von Mises
Obama Officially Threatens to Veto 'Cut, Cap and Balance' - The Hill
Tea Party Debt Plan to Go to Vote in House - CBS News
Republican Push for Balanced-Budget Amendment Faces High Hurdles in House - The Hill
Poll: 71% Shun GOP Handling of Debt Crisis - CBS News
Gold Tops $1,600 an Ounce as Debt Fears Simmer - CNBC
China Remains Top Treasurys Buyer - WSJ
China Slams U.S. "Interference" After Obama Meets Dalai Lama - Reuters
World Bank President Robert Zoellick: U.S. 'Dumbing Down' Global Trade Talks - Washington Post
Obama Picks Bank Critic Cordray for Consumer Job - Reuters
Many States Celebrate Surpluses as Congress Struggles with Debt - Washington Times
Petraeus Hands Over Afghan War Amid Bloodshed - CBS News
Pakistan Looms Large as Clinton Flies to India - Reuters
Sen. Rand Paul Questions Failure to Stop Terrorists From Coming to Kentucky - Louisville.com
GOP Senators Hold Up Vote on Extension of FBI Term - NYT
Colo. Woman Accuses of Groping TSA Agent in Ariz. - CBS News