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	<title>Monty Pelerin&#039;s World &#187; spending</title>
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	<link>http://www.economicnoise.com</link>
	<description>Economics, Finance and Politics Through The Prism of Classical Liberalism</description>
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		<title>Spinning Out of Control</title>
		<link>http://www.economicnoise.com/2012/02/03/26214/</link>
		<comments>http://www.economicnoise.com/2012/02/03/26214/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 07:12:57 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Government]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[taxes]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[CBO]]></category>
		<category><![CDATA[Deficits]]></category>
		<category><![CDATA[Spending]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=26214</guid>
		<description><![CDATA[DirectorBlue has provided a summary of the CBO report and its implications for this country. Sorry, there is no good news to be extracted, even from this ostensibly (but not really) independent monitoring agency. Their forecasts are almost always optimistic, if you can call this route to bankruptcy they have produced as optimistic. It will <a href='http://www.economicnoise.com/2012/02/03/26214/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Time Can and Is &#8220;Running Back&#8221;</title>
		<link>http://www.economicnoise.com/2012/01/21/time-can-and-is-running-back/</link>
		<comments>http://www.economicnoise.com/2012/01/21/time-can-and-is-running-back/#comments</comments>
		<pubDate>Sat, 21 Jan 2012 06:36:50 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[taxes]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Civilization]]></category>
		<category><![CDATA[Henry Hazlitt]]></category>
		<category><![CDATA[Institutions]]></category>
		<category><![CDATA[mises]]></category>
		<category><![CDATA[Victor Davis Hanson]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=25993</guid>
		<description><![CDATA[To think that civilizations always progress is a sign of ignorance, if not stupidity. Ludwig von Mises emphasized how proper institutions and incentives were necessary for progress. He knew that progress neither constant nor guaranteed. If institutions and incentives are damaged or destroyed, progress will cease and retrogression will set in. History is replete with <a href='http://www.economicnoise.com/2012/01/21/time-can-and-is-running-back/'>[...]</a>]]></description>
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		<slash:comments>3</slash:comments>
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		<title>Greater Depression Ahead</title>
		<link>http://www.economicnoise.com/2012/01/17/greater-depression-ahead/</link>
		<comments>http://www.economicnoise.com/2012/01/17/greater-depression-ahead/#comments</comments>
		<pubDate>Tue, 17 Jan 2012 07:46:44 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Casey]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[Doug Casey]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=25861</guid>
		<description><![CDATA[Doug Casey has a lengthy piece on government spending, what is wasted and what can be done about it. Sadly, he concludes as I have, that there is nothing we can do and nothing will be done: So what can you do about it? Well, actually, there is nothing you can do about it. At <a href='http://www.economicnoise.com/2012/01/17/greater-depression-ahead/'>[...]</a>]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Is Europe Over?</title>
		<link>http://www.economicnoise.com/2012/01/16/is-europe-over/</link>
		<comments>http://www.economicnoise.com/2012/01/16/is-europe-over/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 07:24:19 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Government]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Euro]]></category>
		<category><![CDATA[Europe]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=25878</guid>
		<description><![CDATA[John Mauldin&#8217;s weekly (free) newsletter is among the best I read. This week&#8217;s letter, entitled &#8220;The End of Europe?&#8221; breaks down the Europe problem simply. Reading this letter will enlighten you why Europe (and the US) is hopeless against simple rules of arithmetic. Its problems may also trigger the financial debacle that collapses the developed <a href='http://www.economicnoise.com/2012/01/16/is-europe-over/'>[...]</a>]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Armageddon Dead Ahead</title>
		<link>http://www.economicnoise.com/2012/01/11/the-black-hole-of-government/</link>
		<comments>http://www.economicnoise.com/2012/01/11/the-black-hole-of-government/#comments</comments>
		<pubDate>Wed, 11 Jan 2012 06:36:15 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[employment]]></category>
		<category><![CDATA[Favorites]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[Economic Collapse]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=24541</guid>
		<description><![CDATA[We are living through the death throes of an empire. For those citizens who understand what is occurring, the process is akin to being trapped in a taxicab where the meter is on and running at an infinite pace. We cannot get out; nor will we be able to pay when the bill is submitted. Government <a href='http://www.economicnoise.com/2012/01/11/the-black-hole-of-government/'>[...]</a>]]></description>
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		<slash:comments>13</slash:comments>
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