Unfunded Liabilities

41 Stats About The National Debt

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 – As of June 20th, [...]

Full Story
Why We are Bankrupt

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 unfunded liabilities are the real [...]

Full Story
QE Forever, Again

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 [...]

Full Story
Returning to the Basics

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 more economic crises. NONE! PERIOD! [...]

Full Story
Welfare States - R. I. P.

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” or the ”chart of the century.” [...]

Full Story
Sovereign Defaults Dead Ahead

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 interesting, you ain’t seen nothing [...]

Full Story