Newsletter subscribe
Tag: Debt
freedom learn liberty

A Five Minute Crash Course on the Greek Crisis

Posted: November 3, 2015 at 5:00 am   /   Politics

The economic and financial turmoil in Greece has been in and out of headlines frequently over the last few months. The Greeks claim austerity measures have only made things worse, while the EU claims Greece continues to fail the austerity measure put in place to receive future bailouts. In this video, we explain what has […]

Comments read more
freedom learn liberty

Greece Should Default

Posted: November 2, 2015 at 6:28 am   /   Politics

Newly reelected Greek Prime Minister Alex Tsipras expects that by early 2017 Greece will be able to access bond markets, from which it has been virtually cut off since it lost investor confidence in 2010. If it is unable to meet this timeline, it will be forced to rely on further bailouts or go bankrupt. […]

Comments read more
freedom learn liberty

‘Loonie’ Canadians Elect Spendthrift Regime Despite Success with Cutting Spending

Posted: November 2, 2015 at 5:00 am   /   Politics

Last week, Canada elected a new Liberal Prime Minister, Justin Trudeau, who has vowed to massively boost public spending and run several years of deficits, arguing that the “infrastructure deficit” is bigger than the fiscal deficit. He claims that such stimulus spending will spur economic growth. But in the video below, economist Stephen Davies looks […]

Comments read more
irsstop-300x214-918f1d4407df077fe1136c110db0b5de2e29b960

End Impunity for Tax Slackers, Cheaters and Crooks

Posted: October 29, 2015 at 10:38 am   /   Politics

Tweet The Congressional Budget Office just estimated that the federal budget deficit would reach $425 billion this year. That’s an additional $1,300 of debt for each American man, woman and child. The federal government could make a sizeable dent in that figure — without raising taxes or cutting spending — if it simply did a […]

Comments read more
freedom learn liberty

New York Times’ Solution to Fiscal Problems: Eat the Rich

Posted: October 28, 2015 at 6:00 am   /   Politics

The New York Times came out with an article last weekend claiming how much good raising taxes on the country’s wealthiest could do: [W]hat could a tax-the-rich plan actually achieve? As it turns out, quite a lot… the government could raise large amounts of revenue exclusively from this small group, while still allowing them to […]

Comments read more
charts-thumb-45e2b420b1c1c9d97bf6d8adeeec05e606c70a01

9 Sad little charts about the economy

Posted: October 16, 2015 at 1:00 pm   /   Entertainment, Politics

Found these at Free Republic, the source attributed there was the Federal Reserve Bank of St. Louis. Some people say there’s a connection to these charts that rhymes with “o blah blah.” But I don’t see it… ;-/ Originally posted at http://americanirony.us/9-sad-little-charts-about-the-economy/.

Comments read more
death evil devil satan

Satan in the Oval Office

Posted: August 23, 2015 at 8:03 am   /   Features, Politics, Top Stories

Until I was 68 years old, it never occurred to me that I could actually hate someone I had never even met, unless, of course, his name was Stalin or Hitler or had been found guilty of murder, rape or child molestation. But, then, I never dreamed that America would ever elect a president as […]

Comments read more
money dollars funds aid

OUR Public Debt

Posted: July 5, 2015 at 4:30 pm   /   Features, Politics, Top Stories

The Director of the Congressional Budget Office (CBO), Douglas Elmendorf, testified before the Senate Budget Committee three years ago and declared that the cumulative deficits over the next ten years could run as much as $12 TRILLION DOLLARS if current policies remain in place. He has been right on target so far. “The longer you […]

Comments read more

National Debt: Can You Explain It In 10 Seconds?

Posted: May 13, 2015 at 9:50 am   /   Features, Politics, Top Stories, Videos

There are so many ways to talk about the 10-year balanced budget plan Congress passed last week – the first blueprint of its kind since 2001. But when a 16-year old blogger asked Speaker Boehner, “Can you explain this debt to me so I can explain it to my friends?,” he went with a more […]

Comments read more