Treasury auction hairball

Here's a story about what I have called "the big show" this year. This is the 900 pound gorilla that will wreck the economy. Everyone poo pooed the idea and the evidence keeps rolling in. This article talks about the bad government debt auctions, which I have been forecasting would happen by March for the last six months. It does say something misleading by saying "earlier auctions this year have been strong." Some have, but the trend has been bad, and we have had several failed auctions, which people said would never happen. They got so bad that apparently the Fed did something else behind the scenes because suddenly for several weeks after that the results were freakishly good...then bad again.

Everyone with a brain and a pencil can do the math and see that the drunken sailer spending spree is literally impossible to pay for. There is literally not enough savings on earth to lend what our administration wants to borrow in our names. There is literally no combination of tax increases and spending cuts that makes these deficits work. I'm sure they will raise taxes to the moon anyway, but it's still impossible. These nitwits in Washington have given up pretending to try to be competent. They are on a tear to make all of their own dreams come true. Why should they care about us?

Regarding the tax increases, reading the list of new taxes for the health monstrosity makes your eyes glaze over before you can even read the whole list of new taxes you'll have to pay. God forbid you're a business owner (the devil, in liberal-speak). It's ok though. The official estimate is that the cost per family of four will only be $15,200! What the?!