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....
Tag : national debt
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...
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...
Republicans Win the House. It’s Time to Honor their Commitment to America
Dear Republicans, the talking heads and the pollsters were very wrong about the definite red wave. Fortunately, you won control of the House of Representatives...
Reducing National Debt by Trillions with a 5-Step Diet
Americans are obsessed with weight loss, but generally, they are getting heavier each year. The same is true for an obese federal budget. Congress pontificates...
$30 Trillion National Debt is an Unjust Law to Our Children
Welcome to 2022, the year the U.S. exceeds $30 trillion in National Debt. While the federal government and most citizens simply ignore it, some young...
Who Pays When the US Government Defaults On its Debt?
The Biden Administration and the Federal Reserve somehow believe the national debt does not matter. The spin is that spending keeps the economy growing as...
I’ll Take My Share of the Money, Now! MMT Part II
How much money can our government give away and still remain viable? How much money can Americans spend without being tired of spending? How many...
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...
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...