Archive for the Government Spending Category


Is the Federal Reserve Really Federal or is it Privately Held?

Every citizen should be asking that question. After all, the Federal Reserve controls the overall rate of borrowing money. They also control the issuance of currency (not money, there is a difference) and thereby the velocity and quantity of money in circulation. That has a direct impact upon the costs of our goods and the […]

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Bernanke Tapering Continuation- Admission by Fed That the U.S. Economy Is Still in Trouble.

If the economy were really doing well, as the media would have us believe, then why continue to buy $85 Billion of debt? The very obvious answer- it ain’t! Ron Paul, was interviewed recently on the issue and made this abundantly clear. He is such a breath of fresh air among an atmosphere of complete […]

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The Growing Welfare State- Make More for Not Working

If you earned more for not working than for working, would you work? Many years ago the author of what has been called the most purchased book on Economics, Progress and Poverty, Henry George made the following point: Man wants to gain the greatest benefit for the least amount of effort. Whether you agree with […]

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The Signs of Inflation are All Around Us

ent out to buy some stamps this afternoon. It got me to thinking about the inflation thingy. I bought my stamps. They no longer have a price on them, which as a former stamp collector as a kid, I find a bit odd. The USPS now calls them “Forever Stamps”. Supposedly, they last forever. Fat […]

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How to Let Our Politicians Off the Hook 101

In response to a story on how Obama blamed Rush Limbaugh and those like him for “gridlock” a reader of the article had this response: Sorry, but I find it a bit disingenuous to blame Obama for all of our ills. Our system has been corrupted for quite some time. Obama is simply a continuation […]

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Is Slovenia the Next Cyprus? Another failed socialist state? We shall see.

t appears now that Slovenia is yet another EU nation in financial crisis. Another one out of the blue it seems. The “Organisation for Economic Co-operation and Development (OECD) warned that Slovenia was about to experience a “severe banking crisis” and a very deep recession.” earlier this month. They also said that although it’s government […]

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Why I Never Listen to the Nightly News- The Media Spin

occasionally, I tune into the news. Usually on NPR because they are leftists and within a half an hour in the morning, I can get a read on what the globalist, one world government crowd is cooking up. Now, they pose themselves as unbiased but that is about as truthful as Obama’s campaign promises and […]

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Sequestration – Another Political Betrayal by the Liar in Chief and His Enablers Our Congress?

his sequestration talk turned out to be pretty much an over exaggeration. Even Obama ratcheted down his the sky is falling predictions. Can’t people see through Obama’s game by now? Build the State and bring the remnants of what is left of a once (but no longer) a free market under the control of the […]

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Is Obama’s Share the Wealth Scheme the Solution?

bama keeps pushing his tax the rich scheme straight out of Karl Marx’s class warfare strategy for equalizing society. In his dream of utopia apparently government has the wisdom to put its hands into the deepest pockets, extract whatever they can get and then wisely distribute that plunder to those who most need it.  You […]

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Obama Budget Deceptions- Reality Before the State of the Union Deception (Uh, I mean Address)

bama’s White House is playing the fear and guilt cards when talking about raising the debt ceiling and warning about budget cuts. Tonight before his State of the Union Address, let’s check out the reality of his track record. After all actions do speak louder than words don’t they? (At least they used to anyway.) […]

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The Achilles Heel in Our Economic System- Part 3 What’s Next?

While nothing is completely predictable since life has many variables, we can see a pretty clear path to where things are leading based on what has been already been put on the plate. Alex Jones of Infowars.com and prisonplanet.com has been at this stuff for quite a while. He recently hosted a show with Pastor […]

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The Achilles Heel in Our Economic System- Part 2

Fiat currency is a medium of exchange that derives its value from decree or by government regulations and law. It has no intrinsic value which means it can only be accepted as legal tender to satisfy a debt. It actually states so on each bill or in our case each Federal Reserve Note on the […]

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Is there a Massive Bank Run in Progress? If So, What Does it Mean?

ome economic followers noted that the FDIC’s temporary unlimited coverage for non-interest bearing transaction accounts was set to expire on December 31st of 2012. The prediction was that this could trigger massive withdrawals from the “Too Big to Fail” (TBGT) banks: Well, it turns out that this prediction was correct. The FDIC unlimited insurance did […]

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A123 Systems Sale- $129 million of Public Money siphoned off to China- The Technology is a Bonus.

nother sell out of the American people to China by the elite who run our nation. The sale of A123  manufacturer of lithium-ion auto batteries has been approved. A123 – Stimulus Money from Government A123 was was part of the Obama administrations $2 Billion program to stimulate the electric car industry in the United States. They […]

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Is anybody buying Obama’s line these days?

mean come on now. Either the dude is delusional are we are, but something ain’t fitting here. Obama just warned Congressional Republicans that he will not trade spending cuts for their votes to raise the country’s debt ceiling. Then the man had the gall to call their balking at raising the debt limit which he […]

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