Congratulations to Mark Sanford for his victory Tuesday in South Carolina’s First Congressional District. Sanford’s campaign message was pretty simple. Elect him and he would totally focus on reigning in federal spending in order to cut the budget deficit. Well, in a strange ironic coincidence The Washington Post ran a story on the same day Sanford …
May 17, 2012 By Frank Knapp Jr. | Lexington County Chronicle Everyone knows that China holds much of our government debt. While that might sound ominous, the reality is that China needs the U.S. economy to be successful if it wants to keep getting paid on their investment. It’s not like China can simply take …
May 11, 2012 By Frank Knapp Jr. | Lexington County Chronicle In another bad Federal Reserve decision, Chinese government-owned banks have been approved to do business in the U.S. China already owns much of our nation’s debt and its businesses are bidding successfully for public project works here. Add to that China holding the loans …
