Virtually every Western democratic government is insolvent. And governments utilized the same practices as General Motors to reach this point. In GM’s case, poor management was exposed by Honda, Toyota and other foreign competitors. In government’s case, the same poor management provided by Santa Claus politicians provided the damage. They continuously promised and implemented “bread [...]
Tag archives for Federal government of the United States
Dracula Government Meets Its Nemesis
There is no greater scam than that being perpetuated by fiat money. It is plausible that the gold market might be manipulated because of its critical importance to the current economic crisis. Gold is to Central Bankers and governments as The Cross was to Dracula. It threatens their existence. Before governments got into the state [...]
Crowding Out Your Future
“Crowding out” is an effect claimed to occur when governments run deficits and have to borrow to finance the deficits. It refers to the government using funds via borrowing that otherwise would go to private borrowers. Hence, they are “crowding out” the private borrowers. In normal times, when government deficits are small relative to the [...]
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