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The New American - August 30, 2010

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Conjuring Magic To cover States' Debts
Fiscal Reality Sets In

Included in the issue:
Finance Power Play
Pixie Dust, Treason, & Spies
Book Review by Raven Clabough - "Pursuing Liberty" by Cory Emberson & Rick Lindstrom

The New American - August 30, 2010

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States, unlike the federal government, cannot print money to cover their debts, but that didn't stop most state politicians from spending wildly and making extravagant promises.

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