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Are We Proving Ben Franklin Right by Voting Ourselves Money?

Benjamin Franklin prophetically stated, “When the people find that they can vote themselves money, that will herald the end of the republic.” Polls establish a large majority of Americans certainly support the federal government spreading money to all who want it, all who apply for it, and all the businesses using the Federal Reserve as…

US Household Debt Hits Record High, Report Says

LISTEN TO TLR’S LATEST PODCAST: By Robert Donachie U.S. household debt in the first quarter of 2017 topped levels reached during 2008’s Great Recession. The total debt held by U.S. households grew to $12.73 trillion in the first three months of 2017, $50 billion above the previous peak in 2008, according to a report released Wednesday by the…