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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June
(39)
- S&P warning shows Britain is out of credit
- Americans' savings rate jumps, but there's a catch
- Whither the Dollar?
- Pessimism Rising Despite Obama's Popularity
- Swelling Deficit Could Slow Recovery
- Fed Douses Purchases Talk, Urges Investors to ‘Relax’
- Decline and Fall:
- A Nation of Deficit Hawks Or Hypocrites?
- Twin Threat: Jobless Rate, Deficit
- No title
- Polls Show Americans Don't Like Deficits
- Our nation's elected leaders need to "begin planni...
- 10-year yield at 4% snarls recovery
- White House Sends Signals on Deficit
- SOCIAL SECURITY AND MEDICARE PROJECTIONS: 2009
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- Obama's Paygo
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- Obama: It's OK to borrow to pay for health care
- Can U.S. afford trillion more in debt?
- China and the Fed will tame Obama spending
- Fed’s Fisher Says U.S. Will Not ‘Monetize’ Deficit
- Climate bill to cut US deficit
- Bernanke Urges Deficit Reduction
- Treasury prices move higher after Fed's purchase o...
- We can bear neither our shortcomings nor the remed...
- 1 Trillion A Year Deficit Interest Rate Payment
- European Nations ‘as Bad as Argentina,’ Ferguson Says
- 6 options for stabilizing Social Security
- Geithner to Reassure China U.S. Will Control Deficits
- U.S. Debt $668,621 Per Household
- Jittery Bond Market Threatens President's Agenda
- You think Social Security has troubles?
- The Recession May Be Causing Baby Boomers to Claim...
- Treasuries Head for Second Monthly Loss on U.S. Bo...
- Dollar falls towards 5-mth low on US debt worries
- The Real US Federal Debt Has Ballooned to More tha...
- Stimulus Spending Overstated by Obama Officials
- U.S. Deficits Stir Financing Worries
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June
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