"It's really irresponsible how short our duration is of our government debt. The administration is going out and borrowing at 80 basis points for paper under 2 years. And when rates do go up, and rates are going to go up, our fiscal deficit is going to explode."
Source: Fox Business, hat tip Business Insider.
Here's another post you might find interesting on the Dow falling to 6,000 (featuring Charles Biderman).