Showing posts with label default. Show all posts
Showing posts with label default. Show all posts

April 19, 2019


US government’s net worth is now NEGATIVE $75 TRILLION

fromDailyBell:  And that doesn't calculate the negative value of tyranny.
Economic Policy: Statism Versus The Free Market

Four ways that Uncle Sam will respond to its $75 trillion insolvency

fromDailyBell:  1. Ignore the problem, 2. raise taxes, 3. default, 4. continue creating inflation.

The reasons behind the relentless ideological onslaught against free markets

fromAlt-Market:  Whenever disaster strikes economically, free markets are blamed. Whenever something is fixed, even if that fix is a band-aid on a sucking chest wound, government involvement and socialism are applauded.
Economic Policy: Statism Versus The Free Market

How Rachel Maddow turned into Infowars

fromAmericanConservative:  She's still spinning Russiagate conspiracy tales, even as her ratings crash down.
Media Bias on Parade

Massachusetts And New York beginning to see the ugly side of minimum wage hikes

fromForbes:  On December 31st, NYC raised the minimum wage to $15, a 15% increase from the 2018 level, and a 34% hike from 2017. The result? Close to three-quarters of restaurants in New York City have cut labor input.
Economic Policy: Statism Versus The Free Market

The GPS granny nanny

fromEricPetersAuto:  "All of this is due to the Safety Cult, which obsesses about “risk” in the same way that ‘50s McCarythism obsessed about communism."

November 21, 2017


Don’t just give thanks, pay it forward one act of kindness at a time

from Rutherford Institute: It’s been a hard, heart-wrenching, stomach-churning kind of year filled with violence and ill will. It’s been a year of too much hate and too little kindness.
Individual Liberty: America's First Principle

Top NSA whistleblower claims "Russiagate" a fake to increase war-spending

from Zero Hedge: Basically, he is saying that the keepers of the keys are blocking the public from the truth, because they know that the truth will expose the fact that they’ve been lying to the public, all along.
Defense Versus The War Machine

Asset forfeiture: inherently abusive, and awful in Alabama

from YellowHammer: Outright thievery unmasked. One town uses a “speed trap” not just to generate outlandish fines but also to seize property.
Police State America    The Government is Not Us

VIDEO: Milton Friedman - The Expanding Nature of Government

from LibertyPen/YouTube: Friedman explains why the philosophy of government has become that of the cancer cell: growth for the sake of growth.
Economic Policy: Statism Versus The Free Market

Sex, jobs and smoking: What's legal for teens in your state?

from Reason: In California, you can work and get an abortion without parental consent at 12, but you must be 21 to buy a vaping device.
Regulation Nation

Venezuela's default disaster

from Mises: Socialism always promises heaven and gives hell.
Economic Policy: Statism Versus The Free Market

Jeffrey Dorfman: The Government That Cried Wolf

Debt ceiling deja vu.         On February 7 the United States will once again reach its statutory debt limit, meaning it cannot legally borrow any more money. Since the obvious option of cutting spending to match the amount of revenue that the government collects is off the table for some inexplicable reason, Congress will have to pass a new, higher    ... MORE

Gary North: 100 Percent Chance That U.S. Will Default

There is good reason to prepare for a catastrophe.    It is not often that readers get a clear-cut choice between two forecasts. Most forecasts have wiggle room. Not the following. 1. The United States government will default.  2. The United States government will not default. I hold the first position. John T. Harvey holds the second. He wrote a ... MORE

Peter Schiff: The Real Fiscal Cliff

Low interest rates will rise.   As we head toward the end of the year, the media’s fixation with the congressionally imposed “fiscal cliff” will reach a fever pitch and no doubt become a major factor in the presidential campaign. The danger is supposed to arise from the simultaneous implementation of $2 trillion in automatic spending “cuts”   ... MORE