Tax and Spend

Record sale of US securities in June.

"The U.S. posted a record cross-border investment outflow in June as China and Japan reduced their holdings of Treasuries and private investors abroad sold bonds and notes.
The total net outflow of long-term U.S. securities and short-term funds such as bank transfers was $153.5 billion, after an inflow of $33.1 billion the previous month, the Treasury Department said in a report today. The June figure, and $40.8 billion in net selling of Treasury bonds and notes by private investors in June, were the largest on record, the Treasury said."

This isn't good.

After discovering lies in IRS agents' sworn testimony about Lois Lerner's hard drive, judge demands more sworn testimony. So what? Wake me up when they put somebody in jail. Who cares about the hard drive anyway? The emails are on servers or backups. Just call in the IT guys. They'll expose the lies.