RECOMMENDED READING
- The Coming Generational Storm By Laurence J. Kotlikoff and Scott Burns
- Gray Dawn By Peter G. Peterson
- Running on Empty By Peter G. Peterson
Quotes
- “The US government has a technology, called a printing press… that allows it to produce as many US dollars as it wishes at essentially no cost.” – Ben Bernanke
- "Central banking is the most brilliant device of profit-seeking monopolists and oligopolists in human history. Nothing else comes close. Hardly anyone understands it, so there is no organized opposition." - Gary North
- "If our policymakers wait to address these growing debts until they are out of control, the solutions will be drastic and painful" Villarreal.
- "Obama's team employed one of the oldest budget tricks in the books — exaggerating economic growth — to hide the true cost of his tax and spending plans." IBD
- "Never allow a crisis to go to waste. They are opportunities to do big things." Rahm Emanuel
- "Obama’s Trillion Dollar Debt Plan is not a ‘change’ from Bush, it is Bushonomics on steroids." The Heritage Foundation
- "A stimulus bill should stimulate, not grow government" IBD
- "What we have done is kicked this can down the road; we are now at the end of the road and are not in a position to kick it any further" Obama
- "What’s good for the country my children will inherit?" Obama
- "Is it a safety net, or a hammock?" Lazarovici
- “If deficit spending stimulated the economy, with $2 trillion already out there, the economy should be performing like a double shot of espresso.” J.D. Foster
- “Whenever you bail something out, you have to take resources from people doing well. It’s a zero sum game.” Arthur Laffer
Links
Blog Archive
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2009
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January
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- Big bang’ financial clean-up
- Bank Bailout Could Cost Up to $4 Trillion
- Stimulus
- Zero comprehension of $1 trillion
- We'll jump off that bridge when we get to it
- American Recovery and Reinvestment Act of 2009
- Boston Tea Party calls for bailout tea party
- Deficit approaching intolerable levels?
- Stimulus or Socialism?
- The Social Security song and dance
- Helpful in the short term, but it will add to the ...
- Provision that would give low income people, who d...
- Highlights of Senate economic stimulus plan
- No Problem!
- Social security is here to stay
- Sooner or later Social Security must go broke
- Borrowing hundreds of billions of dollars from you...
- Hospitals may lose more Medicaid funds to help era...
- What About The Deficit? What senators should be a...
- Obama Does Not Mention Social Security or Medicare...
- Social Security makes us party to a Ponzi scheme
- We can’t kick this can any further down the street
- Economic crapshoot ahead
- Deficits Restrict Obama as His Promises Come Due
- Social agencies worse than Madoff
- Obama Will Swell Deficit More Than Bush
- America’s Deficit Disorder
- Speaker Pelosi differs from Obama
- What Bush leaves behind
- Obama Targets a 'Grand Bargain' to Fix Budget Mess
- Obama Pledges Entitlement Reform
- Reducing the haven appeal of U.S. debt.
- Schwarzenegger: Deficit is 'rock upon our chest'
- In Bailout Era, No Room Left For Old Virtues
- Tanner named social security chairman
- Social Security, Medicare revamp part of Obama pla...
- Social Security revamp
- The High Cost of Being Healthy
- Neb. plan would end tax on Social Security money
- Senant Passes aditional 350 billon for bailout bill
- Jobless Claims Rise
- A little bit of good news.
- $825 billion stimulus bill
- California Faces 42 Billion Dollar Deficit
- Legacy Issue
- Ky medicaid deficit up 25%
- Another Bailout for BofA
- This chart show how remarkably unsustainable our s...
- No title
- Deficits to be Brusing for Decades
- Ramping it up
- Introduction
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January
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