41 Stats About The National Debt
An interesting set of statistics provided by Michael Synder The following are 41 statistics about the national debt that are almost too crazy to believe…. 1…
Unfunded Liabilities
Why We are Bankrupt
The real problem facing the government is not the $14.3 Trillion in Federal debt. Sure, it is too high and must be reduced. Yet the…
QE Forever, Again
More on The Fed and why QE is coming. That has been my position in recent posts regardless of what happens in the economy. Here is a similar take by “traderjoe” in a response to a Zerohedge post on Thu, 10/07/2010 – 14:57 #633466:
The Fed has no choice. It’s not an excuse, or even a reason, but they have no choice. Why else would the Fed willfully destroy the dollar? The Dow’s at 11k. Employment is at least steady. Not rosy – but we haven’t definitely slipped back yet. What do they see? [Even Guy Adami on Fast Money asked this question.]
They see the end of the global fiat fractional reserve ponzi if they do nothing. They see EU bond auctions failing without ECB
Returning to the Basics
How do we solve our immense problem? No, not the economic problem, THE GOVERNMENT PROBLEM. Solve the government problem properly and there will be no…
Welfare States – R. I. P.
“The worst thing in the world next to anarchy is government.” Henry Ward Beecher Bloggers post what they claim to be the “scariest economic chart”…
Sovereign Defaults Dead Ahead
The impending sovereign debt crisis is either upon us or just around the corner depending upon how you define time. If you thought 2008 was…