You’re Pre-Approved! (Tim Geithner’s junk mail)
It goes without saying that finances are tight for many Americans these days. The problem is not only affecting American families at all income levels, but the mighty US government. For a sampling of our government’s fiscal woes, check out this (hypothetical) junk mailer recently found in the inbox at the US Treasury.
What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom.
-Adam Smith, The Wealth of Nations Book IV, Ch. 2
