Budget Deficits, Pension Plans, And The Seeds Of Rebellion

Budget Deficits, Pension Plans, And The Seeds Of Rebellion By Joel Bowman 02/20/11 Buenos Aires, Argentina – “Is the world finally cracking up?” we wondered aloud in these pages earlier this week. From the look of events unfolding across the volatile Middle East and North Africa region, it certainly seemed so. Governments are toppling, buildings are ablaze and protesters are “speak-to-tweeting” their way to freedom…of a sort. But what about closer to home, back in the belly of the empire? It’s one thing for far-flung outposts to collapse, for the “uncivilized,” “unwashed” masses beyond the gates to storm their capital...