New Year’s Resolutions That Uncle Sam Didn’t Make

Written by Gary North on January 3, 2012

Al Lewis has come up with a great list of New Year’s resolutions for the U.S. government. Fat chance. I list just a few of them. • Stop runaway deficit spending. Start paying down the $15 trillion national debt before it’s $20 trillion and counting. • Fix Social Security and Medicare before the Baby Boomers […]

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Your $2 Million Tax Obligation

Written by Gary North on January 2, 2012

Each year, David Collum produces a review. It covers a lot. Let me begin with the overall assessment. We have a massive global debt problem that will take years to unwind. Some think it is a zero-sum game, but I disagree. The World is blanketed with people fully aware of what has been promised to […]

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Nailing Physicians in 2012 — and Forever

Written by Gary North on December 1, 2011

Are you on Medicare? Be sure you have a regular physician. They may stop taking new patients. Congress is about to stick it to physicians: a 27% cut in Medicare payments, beginning January 1. This is called squeezing the providers. It will make medicare patients liabilities. There will be rationing at some point. Smart physicians […]

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Your Nightmare Scenario Is Too Mild

Written by Gary North on November 29, 2011

Karl Denninger sometimes writes some choice stuff. He follows the capital markets. He thinks the endgame scenario in Europe marks the beginning of the end. I’m not equally sure. The New World Order brigade has a lot of inflating to do between now and the end of the inflationary road. Denninger’s summary of the welfare […]

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$15t On-Budget (Admitted) Debt Limit Breached

Written by Gary North on November 18, 2011

The on-budget debt of the United States government breached the $15 trillion mark this week. This is the debt that is counted. It does not include the unfunded liabilities of Social Security and Medicare, which are now in the $100 trillion range over 75 years. Some estimates are higher. More important is the sources of […]

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