Debt

It's Rule 5 Sunday Monday!

"Drug prohibition is a burden on taxpayers. It is a burden on government budgets. It is a burden on the criminal justice system. It is a burden on the health care system. The economic crisis has intensified the pain from all these burdens. Legalization reduces or eliminates all of these burdens. It should be no surprise that alcohol prohibition was repealed at the deepest depths of the Great Depression."

"There is no way that a deficit doesn't become a tax increase sometime down the road. We are ...

Comment

It's Rule 5 Sunday!

"Skyrocketing tuition, high default rates, and pathetic graduation rates — to name a few — are all byproducts of a system that incentivizes inefficiency, largess, and misguided decisions. Oddly, while many students aren't legally permitted to take a sip of alcohol, they are systematically encouraged to contract into years of, essentially, indentured servitude. It is evident that the aggregate result of FFA is net harm."

It's Rule 5 Sunday!

"Like the housing bubble, the education bubble is about security and insurance against the future. Both whisper a seductive promise into the ears of worried Americans: Do this and you will be safe."

If Congress doesn't "do something" by Friday (March 1), a whopping $85 billion in budget cuts will automatically ...

Sequestration 2013

2013-02-25

The sequester, a handful of "cuts" to federal spending, is set to go into effect this Friday (March ...

It's Rule 5 Sunday!

"Whether the student-loan industry is run by the American government or by subsidized lending institutions, the business model is flawed and will continue to force prices upward regardless of whether it makes economic sense."

It's not exactlly a secret that conservatives aren't popular with millennials. Indirectly, the following video explains why.

The Republican Party wants everyone to believe they are the party of limited-government and fiscal conservatism. That's in ...

Hoping to avert the "fiscal cliff" crisis they themselves created, the House of Representatives tried passing "Plan B" ...

We're heading toward a fiscal cliff!

Are you scared?

The mania surrounding the Budget Control Act's January 1 deadline is ...

One of the most widely-accepted myths in American politics is that the Republican Party champions "limited government." While ...

It's Rule 5 Saturday!

"[E]asy money leads to the impoverishment of the middle and lower classes and ...

After issuing $32 billion of new 2-year bonds last Tuesday, the U.S. debt to GDP ratio hit 101%. Quietly. I guess the mainstream media was too busy arguing over contraceptives to bother reporting that we're on the road to Greece.

Oh, and surprise! The "federal government [will most likely] hit the debt ceiling sooner than expected."

Sweet, huh?

Who's going to bail out the U.S. when the inevitable default happens?

It's Rule 5 Saturday!
The Real Solution to the Debt Problem...

The newly created "Super Congress" is such an incredibly bad idea, only a bunch of politicians could have ...

On NBC's "Meet the Press" Sunday, former US Federal Reserve Chairman Alan Greenspan actually told the truth. Really. ...

So, how did that "debt-ceiling deal" work out for you?

What's that you say? You got jacked ...