14 Reasons Why The U.S. Will Never Have A Balanced Budget Again Michael Snyder | Jun. 25, 2010, 1:01 PM The United States government will never have another balanced budget again. Yes, you read that correctly. U.S. government finances have now reached a critical “tipping point” and things are going to spin wildly out of control [...]
Archives for June, 2010
The Moocher Index
This may be a good measure of the decadent morality and ethics of the US, by region. It may also reflect the ingrained dependency encouraged in these areas. After all, if you are going to make a living off government programs, you should be proficient at your job. Very interesting. How many of these states [...]
Inflation or Deflation One More Time
Ludwig von Mises predicted that every expansionary boom would collapse. Either the currency would be destroyed or the expansion would stop plunging the country into a Depression. His first option, the destruction of the currency would be accompanied by high inflation (possibly hyperinflation) and then Depression. The end result in both cases is the bust. [...]
Progress in 100 Years
An email, author unknown, produced a lot of information of what it was like to live 100 years ago. It shows just how far we have come. Amazing!! Just as amazing is to think that our government today believes it is responsible for everything and everyone. It might be interesting, when reviewing the obvious progress, [...]