Welcome to the Future

Bloomberg reports:

March 22 (Bloomberg) -- The bond market is saying that it’s safer to lend to Warren Buffett than Barack Obama.

Two-year notes sold by the billionaire’s Berkshire Hathaway Inc. in February yield 3.5 basis points less than Treasuries of similar maturity, according to data compiled by Bloomberg.

You need to ponder that: the Government of the United States, with the power to tax and the power to print money, is considered a worse credit risk than a corporation. Think about it. Perhaps the proper scary analogy is not that the people at the DMV are now in charge of your health care, but that the people in charge of the your health care are the same guys who run the Treasury.