Over the last month, the price of bitcoins has increased from roughly 40 cents to where now a bitcoin is now worth more than a dollar on the Mt. Gox exchange.
Bruce Bartlett says the government is using an axe to cut the budget instead of a scalpel. Well, apparently with a 1.5 trillion dollar deficit out of a 4 trillion dollar budget, we need a chainsaw... an axe is simply too small.