The Government Is Going to Help Americans Keep Their Retirement Funds Safe....
“I’m from the government, and I’m here to help you.” Run. We know what’s coming. The government will find lots of risks for Americans. Next step: a program to offer government-guaranteed retirement...
View ArticleTerror in Washington: The Piddly Sequestration
On March 1, a piddly reduction of spending is scheduled to take place. It’s not $1 trillion. It’s $1 trillion over a decade. The annual deficit is running $1 trillion, as usual. The thought that there...
View ArticleDead Letter Office: USPS Cuts Services. Nobody Cares.
When a profit-seeking firm sees that no one wants its services, it finds ways to lower prices and improve services. The United States Postal Service does what government agencies do: it raises prices...
View ArticleThe Andromeda Strain, Yes. Jesus, No. Your Tax Dollars at Work.
You have heard about the need for the separation of church and state. What about the separation of science and state? But science is neutral, we are told. Suuuuure it is. Scientists are impartial...
View ArticleTARP Still Drains the Treasury
TARP was shoved down the throats of voters in 2008. They opposed the bailouts of corporations, but to no avail. They have forgotten. John Boehner, who was the the man who rammed the program through the...
View ArticleReversal of Fortune: Why the Power Elite Will Lose Power
Remnant Review The best description of the reversal of fortune is Mary’s Magnificat, recorded in the Gospel of Luke, chapter 1, verses 46-55. “He hath put down the mighty from their seats, and exalted...
View ArticleOverpaid Federal Bureaucrats Are Outraged at Spending Cuts
Federal bureaucrats blame the politicians for not taxing the rest of us. We owe it to them, they say, and it’s just not fair that we want to hold the deficit down to a trillion dollars a year. We can...
View ArticleBillionaire Mayor Bloomberg Says There Are No Limits on Federal Spending
Nanny Bloomberg is nothing if not forthright. He is rich, powerful, and a liberal. He does not care what anyone thinks. Here are his views on the federal deficit. We are spending money we don’t have....
View ArticleGovernment-Subsidized Transportation: More Demand, Reduced Supply
In 2012, there were 1.5% more rides on government-subsidized transportation. In response, 80% of all public transportation programs were reduced. This is how government operates at the local level....
View ArticleKilowatt Money: Zombie Economics for Naive Conservatives
Gary North’s Reality Check The conservative movement has always been filled with monetary cranks. This has been true for well over a century. These cranks have never read a book on economics. They have...
View ArticleDead Letter Office: U.S. Government Doesn’t Use the U.S. Postal Service.
How bad is the United States Postal Service? In order to get a straight answer on this, ask the federal government. The federal government uses the Postal Service 2% of the time. Here is an agency that...
View ArticleHow to Reduce Political Conflict in the State of Israel
An Associated Press story describes a political war in the State of Israel. A new political party is now in second place. This is in a nation in which no political party has ever gained a majority...
View ArticleMiracle Grow for GDP: New Accounting Trick
The U.S. economy will grow by 3% in July. How do I know? Because a statistician with the government says so, that’s how. How does he know? Because the new accounting methodology guarantees it. Here’s...
View ArticleDronebusters: Turning Spy Drones into Barney Fife
An Oregon company says that it has developed a new technology which will prevent drones from “completing their mission.” It will not say how this technology does this. It does not say what it will...
View Article“Butt Out,” 60% of 18 to 34-Year Olds Tell Federal Government
Despite a horrendous unemployment rate of 45% for this age group — almost as bad as Spain’s and Greece’s — about 60% of America’s young adults believe that the government should get out of their lives....
View ArticleGovernment Lures Naive College Students into Debt of $850 Billion
Average student debt for college is now $26,500. That is up 5% from last year. As with almost everything else in life, Pareto’s 20-80 rule governs student debt. About 20% of students with debt carry...
View ArticleThe CEO of the Biggest Bond Fund Says the Government Has Rigged the Game...
Bill Gross is the CEO of Pimco, the largest bond fund on earth. In his latest newsletter, he lays it on the line. The government is working against all investors. In the language of finance, the...
View ArticleU.S. Government Siezes Bitcoin’s Bank Account.
Bitcoin has been promoted as digital money, an alternative to fiat money. The company’s owner’s will now get to test their theory. Their fiat money just got frozen by the federal government. The Feds...
View ArticleDigital Currency Firms’ Sites Have Been Shut Down.
Around the world, half a dozen cybercurrency sites were shut down last week. The URL addresses of the sites have been changed. All attempts to get into them by investors have been blocked. The site...
View ArticleDe-Postal Monopoly: Feinstein’s Sweetheart’s Deal
Fact #1: Senator Diane Feinstein is married to the CEO of the largest commercial real estate services firm in the U.S. Fact #2: The U.S. Postal Service is going bust, because it can no longer compete....
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