How Broke Is the Federal Government? It’s Penniless!
The federal government’s financial report shows it is de facto bankrupt, with assets of $4.9 trillion and expenses and debts of $40 trillion.
Shrink Your Bloated Government With This One Easy Trick
It’s time for Congress and the president to recognize they have a spending addiction. It is time also for our government to recognize it is incapable of managing the nation’s finances. In Fiscal Year 2022, the United States collected $4.8 trillion in revenue and spent $6.32 trillion. Our federal government spent $1.47 trillion more in…
Yes, Virginia, The Federal Government is the Real Santa Claus
The Christmas season is a time of giving. Young children sit on Santa’s knee and provide him with a list of presents for under the tree. While it’s rewarding to see children happy with gifts, there is a dark downside to their expectations. Children grow up to be businessmen and women or social activists and…
Give Power to the People by Giving It Back to the States
Do not forget what we were meant to be. We were meant to be the United States of America—a conglomeration of states, representing their people and interests. All too often we find ourselves in a situation where people do not even consider the states, and even see them as an obstacle to progress. “Progress” no…
Is Socialism Acceptable Under the US Constitution?
Socialism, a political/economic theory advocating government ownership or regulation of the means production, distribution and exchange. Citizens reject socialism, but with the coronavirus crisis, they increasingly support universal health care (45%-41%) and are now almost split on providing citizens a basic level of income support (40%- 43%). Both political parties spend and regulate as if…
America’s Federal Budget On ‘Unsustainable Path,’ Warns Fed Chair Jerome Powell
Peter Hasson Federal Reserve Chair Jerome Powell warned Wednesday that the federal budget is on “an unsustainable path” due to rising levels of federal debt. Powell told the Joint Economic Committee that the “high and rising federal debt,” which now tops $23 trillion, could make it difficult for the economy to recover from future market downturns….
Trump Administration Reinstates Federal Death Penalty, 5 Executions Scheduled
Attorney General William Barr announced on Thursday that he had directed the Federal Bureau of Prisons to adopt an addendum to the Federal Execution Protocol effectively reinstating the Federal Death Penalty. “Congress has expressly authorized the death penalty through legislation adopted by the people’s representatives in both houses of Congress and signed by the President,”…
FACT CHECK: Would The Wealth Of Every Billionaire In America Keep The Government Running For Less Than 8 Months?
Emily Larsen on February 15, 2019 The conservative student organization Turning Point USA posted a meme that claimed that the wealth of all the billionaires in the U.S. could fund the federal government for less than eight months. “If we confiscated 100% of the wealth of every billionaire in America, we’d have enough money to run…
Justice Department Is Hiring Lawyers To Take On Property Seizures For Trump Border Wall
Jason Hopkins on January 18, 2019 In a strong indication the Trump administration is preparing for the next phase of the immigration battle, the Department of Justice is now hiring lawyers to handle border wall litigation in South Texas. The two attorney positions — which are advertised to pay between $53,062 and $138,790 — are to be based in…
TSA Mercilessly Trolled For Holding Hiring Event During Shutdown
The TSA received a wave of backlash for sponsoring a post on Facebook, advertising a hiring event for January 5th. This hiring event held at their Administrative Office in Seattle was for positions based out of Seattle Tacoma International Airport (SeaTac). The sponsored post boasted a starting pay rate of $18.64 per hour. However, it…