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When the Welfare Checks Stop Coming

Written by Gary North on February 6, 2012

When poor people are one check away from a crisis, what will happen when the checks stop coming. Make no mistake about it. They will stop coming. The welfare state  is going to go belly-up. There is going to be a Great Default. The super-rich can get out. Some of them are doing this. But […]

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Dependent on Uncle Sam

Written by Gary North on January 31, 2012

The USA is a massive welfare state. Over 40% of the nation is dependent on government handouts of some kind–not counting the government’s administrators. This sounds hard to believe. Believe it. The money is running out. The deficit is huge. What will happen when Washington’s checks bounce? Fact: “Once you become addicted to getting a […]

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Tea Party’s Dilemma: Half of Americans Are on the Dole

Written by Gary North on January 27, 2012

An article by the mysterious “Tyler Durden” focuses on the political dilemma. About 48% of the population is on welfare of some kind. We want to see the welfare state rolled back. Voters say they do — bit not for the programs that help them. Government benefits total 65% of the federal budget — not […]

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