Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
I really get tired of misleading attacks on Obama, when Bernanke and the Federal Reserve System are the twin problems. This is like the matador’s cape. He waves the bright red cape in front of the bull, but the sword — the FED — is hidden under the cape. Here is an example. This video [...]
Continue reading →I went to see 2016: Obama’s America. Dinesh D’Souza wrote, stars in, directed, narrates, and did the original research for it. If we look at this from the point of view of its success as a documentary, I think it is effective. It is making money in theaters. This is amazing for a documentary. It [...]
Continue reading →The media are slowly beginning to admit that Social Security is running a deficit. I first announced this in early 2010 in my video, Retirement Armageddon. It’s posted here. This information was ignored. Not now. A recent story in the Washington Post began with this: WASHINGTON — Now that Social Security is paying more in [...]
Continue reading →The U.S. Postal Service owes a staggering $5.5 billion to the U.S. Treasury to cover retirement health care benefits for its employees when they retire. Not that it matters. The Treasury is running a Ponzi scheme. It was not going to invest the money. It was going to cover existing obligations. The Postal Service says [...]
Continue reading →CBS News ran a story on the job-creating effects of the Obama Administration’s $9 billion worth of stimulus money, 2009-11. First, there were the new jobs created directly. There were 910 of these. These are jobs related to operations and maintenance. They are long-term jobs. This assumes, however, that the companies do not go bankrupt, [...]
Continue reading →The government of Kenya is going to receive a gift from the Obama Administration: five top-of-the-line Navy Seal boats. Why? Nobody seems to know. With a $1.3 trillion deficit every year, little things like this barely get noticed. They add up. The winner is the contractor: United States Marine Incorporated (USMI) of Gulfport, Miss. These [...]
Continue reading →When Reagan accepted $200 billion-a-year deficits, beginning in fiscal 1983, he ended Republican opposition to big spending and huge deficits. Today, Republican Congressmen occasionally talk tough on spending, but then they vote for programs that guarantee a huge, never-ending federal deficit. They know that hardly anyone back in the district will track their votes. They [...]
Continue reading →Liberals want our money. They want to make sure no one with money can escape. They are willing to write a bill that will close “loopholes,” including the loophole of renouncing U.S. citizenship to get away. Among large nations, only the USA taxes its citizens who live outside the country. The only way to escape [...]
Continue reading →Washington, DC – Today, Taxpayers for Common Sense awarded the Golden Fleece to Rep. Ed Whitfield (R-KY) for introducing H.R. 4342, the Waterways Are Vital for the Economy, Energy, Efficiency, and Environment Act of 2012 (WAVE4 Act). This legislation would codify recommendations made by barge operators to increase the federal subsidy for inland waterway construction [...]
Continue reading →With the government running a $1.2 trillion deficit this fiscal year, $18 million is chump change. Taxpayers are the chumps. There are more stories like this than any news service can track. But when we find them, we get insight into how government works when it is not being tyrannical. There is a federal website [...]
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