Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Posted on December 26, 2014
After the peace came $7.2bn of relief funds from international donors and the Indonesian government in one of the world’s biggest and most complex disaster reconstruction efforts. It left Aceh with some of the country’s best roads and hospitals, 140,000 new homes and 1,400 new schools. The funds also gave a big boost to the […]
Continue reading →Written by Gary North on December 10, 2014
American taxpayers are forced to spend billions of dollars on boondoggles sent to Mars because evolutionists figure that if they can just find signs of life on Mars, they can forever silence Christians and orthodox Jews, who annoy them. “Special creation? Not hardly!” This is why every report on Mars comes with an obligatory statement […]
Continue reading →Written by Gary North on December 3, 2014
Chicago has just sent businesses a message: “It’s time to adopt labor-saving machinery. Fire some workers.” It sent a message to adjoining suburban towns: “You will get lots of Chicago public transit commuters looking for work — cheap.” It sent a message to the city’s welfare office: “Prepare for a flood.” It sent a message […]
Continue reading →Written by Gary North on December 2, 2014
The on-budget debt of the U.S. government just went over $18 trillion. This is chump change. The government’s unfunded liabilities (off-budget) of Social Security and Medicare are about $200 trillion. That is serious money. But let’s look at chump change. This lets you visualize $17 trillion.
Continue reading →Written by Gary North on December 2, 2014
Written by Gary North on December 2, 2014
This is not a complete list: http://www.usa.gov/directory/federal. It is long enough to provide an answer to the question: “Will the federal budget get balanced in the next 15 years?” The answer is “no.”
Continue reading →Written by Gary North on November 21, 2014
So, you think America’s local governments are not going to go bankrupt. Think again. When Bobby Deal retired from the Jacksonville Sheriff’s Office last month, he did so with the promise of a nest egg worth at least $4.9 million, a sum he’ll be paid over the next 25 years. Deal now earns nearly 50 […]
Continue reading →Written by Gary North on November 14, 2014
President Obama says he will make a decision on immigration reform before January 1. This means that he has not made a decision. He says he will review his options when the details are released to him. This means that his handlers have not yet released them. He says that America is “a nation of […]
Continue reading →Written by Gary North on November 12, 2014
President Obama and the President of China jointly have announced a deal on carbon emissions . . . for 2030, when both of them will be in retirement. The details of the deal have yet to be hammered out — or hammered and sickled out, as the case may be. The Western media are cheering […]
Continue reading →Posted on November 10, 2014
At a time when intelligence officials say cybersecurity now trumps terrorism as the No. 1 threat to the U.S. — and when breaches at businesses such as Home Depot and Target focus attention on data security — the federal government isn’t required to publicize its own brushes with data loss. Last month, a breach of […]
Continue reading →
