Monty Pelerin's World

  Government is 79% of the Economy Welcome to the world of dysfunctional, bloated and insolvent government. CNBC recently reported on delayed income tax refunds: “…  cash-strapped states such as [...]

The establishment of Social Security as a retirement program should have been so simple that a caveman could have run it. Probably, but not our political geniuses. Once considered the [...]

Here are some posts referenced on Chris Martenson’s site yesterday. Is there anything in here that even remotely looks like a green shoot? Things continue to deteriorate and will do [...]

Image by Seven_Null7 via Flickr Image by wallyg via Flickr All of the hype about an economic recovery is just that. If you want to see if the economy is [...]

James Quinn with another well-researched and provocative post: Congress has done a phenomenal job in taxing, spending and borrowing. Nobody does it better. They should get a Congressional gold medal [...]

We are told that massive tax increases will be needed to cover the large projected deficits. History, however, shows that this strategy will not work. Regardless of the tax rate [...]