Massive Federal deficits require higher taxes; ever-expanding public debt and higher debt service sets up a death spiral once new investment is crowded out by Federal borrowing.
In only three more years you’re talking $20 trillion in public debt f…
Massive Federal deficits require higher taxes; ever-expanding public debt and higher debt service sets up a death spiral once new investment is crowded out by Federal borrowing.
In only three more years you’re talking $20 trillion in public debt f…
The “big story” of the U.S. economy is that we have substituted expansion of debt for meaningful increases in productivity.
For the past 30 years, the U.S. economy has become increasingly dependent on explosive debt expansion for its “growth” rath…
Ben Bernanke’s zero-interest rate policy (ZIRP) and command-economy efforts to maintain mispricing of risk, debt and assets are destroying capital and capitalism. No wonder his policies have failed so miserably.
To understand why Federal Reserve C…
Three metaphors describe Europe: drowning in debt, circular firing squad and trying to fool the money gods with an inept game of 3-card monte.
The world’s major economies are drowning in debt–Europe, the U.S., Japan, China. We all know the U.S. h…
The Federal Reserve is a criminal syndicate buying debt that the government eagerly creates and sells for spending money that dumps the debt on us civilians. What perplexes me is that the scam is so simple and all the intellectuals either don’t get…
Excerpt:
Paul’s plan starts with the Federal Reserve. In the last year or two the Fed has been buying up U.S. Treasury bonds in an effort to lower interest rates and boost the economy. The most recent round of that buying has been dubbed QE2, and has …
Editorial: A jobs idea that has already failed.
By Anonymous
The MetroWest Daily News
Posted Jun 23, 2011 @ 08:10 AM
Americans are desperate for jobs, and Washington is desperately in need of ideas for creating them. Republicans are consumed with re…
Whenever I unleash a tirade at home about how Federal spending has leaped 40% in three years and how the government is now borrowing 42% of its spending, my wife points out that nobody cares because the deficit doesn’t impact them at all. This alwa…
By guest contributor Chris Kimble
May 18, 2011
Sometimes it can pay for investors to put their money in a “Shoe Box” (not have monies at risk). If investors had put their money in a shoe box in 1929 (prior to the Dow declining 90%), 3 years later…
April 28, 2011 Guest Commentary by Randy Degner
Note from dshort: A few days before today’s publication of the Q1 2011 advance GDP estimate, I received an email that eloquently expresses a widely held view of Gross Domestic Product — namely …