Deficit Spending
Stimulus Overload
We’re not the only ones saying that more debt-financed government spending is a bad idea.
January 6, 2009 | Read More
Debt Diplomas
Universities have colluded with credit card companies to load students down with even MORE debt when they graduate.
January 1, 2009 | Read More
Who Says Main Street Isn’t Getting A Bailout?
Quit your whining and get on down to your local General Motors dealer. That’s where you’ll find your bailout money. They’ll loan it back to you–cheap!
December 30, 2008 | Read More
The “Free” Market Loves “Free” Government $$
The markets boom on the promise of another taxpayer windfall.
December 8, 2008 | Read More
Taking Economics Lessons From … Zimbabwe?
Don’t look now, but our economic policies are starting to look an awful lot like those of a certain African country …
December 3, 2008 | Read More
Beating A Dead Broke Horse
Washington’s economic jockeys are leaning forward in the saddle, cracking the whip and furiously jabbing their spurs into the flanks of the economy. The horse is dead, though, as in dead broke. But that’s not stopping them from beating it for all it’s worth. The problem is, they’re trying to use the same riding crop that killed it to revive it: more debt.
November 14, 2008 | Read More
One Paragraph, $800 Billion
Remember the bailout bill before the bailout bill? You know, the housing bailout bill? That bill was about 700 pages. 694 pages to be exact. But one tiny little passage in it, section 3083, had an enormous effect.
November 11, 2008 | Read More
A Goldbrick Education
We’re in the middle of a horrendous downturn, which was caused by oceans of debt in the marketplace. And what do we do? We force the next generation to take on tens, even hundreds of thousands of dollars in new debt before they even start their careers. That’s a smart plan!
October 17, 2008 | Read More
Any Fool Could Have Seen This Coming - Including This One (Part Three)
More on how my 1988 book The Captive American discussed the same economic foolishness we see today.
October 14, 2008 | Read More
Any Fool Could Have Seen This Coming - Including This One (Part Two)
Way back in 1988, I wrote a book called The Captive American. I happened to glance at chapters 14, 15, and 16 the other day, which discussed the economic troubles facing our country back then. I was stunned by how little has changed. What’s the old saying? Those who don’t learn from history are doomed to repeat it? Take a look at what I wrote 20 years ago and see if our failure to learn from our mistakes doesn’t break your heart the way it broke mine:
October 14, 2008 | Read More
