Oregon’s Plan To Set Up A College Tuition Ponzi Scheme
A lot of ink has been spilled in covering the latest cockamamie idea coming out of Oregon; the so-called 'Pay it forward, Pay it back' college tuition scheme. What's striking…
Desert City May Mortgage City Hall to Pay for Hockey Team
When I say “Arizona,” what springs to mind? Cactus. Rattlesnakes. Dry heat. However, politicians in one Grand Canyon State suburb decided that hockey was the perfect fit for their desert…
Debt Deception: Special Accounting Procedures Hide the Real Debt Numbers
The phrase, “fiscal irresponsibility” does not even begin to describe our government’s stewardship of taxpayer money. Here’s why:…
Indirectly – Obama and The NYTimes admit Social Security is a Ponzi Fraud
Democracy and Power 103: Government MoneyIn general, the art of government consists in taking as much money as possible from one part of the citizens to give to the other.
Similar to the City of Stockton – America is Bankrupt: Why and Who Pays?
Democracy and Power 104: Future Debt BurdenA government debt is a government claim against personal income and private property – an unpaid tax bill. —Hans F. SennholzExcessive spending and debilitating…
Illinois’ Pension Crisis: The Future of American Entitlements
Sit up and take notice, Washington – the future of America’s entitlements is unfolding before you in the form of the Illinois pension crisis. Illinois’ five state-funded pension systems…
Cyprus! Government Spending, Debt and Government Confiscation of Private Property
Democracy and Power 104: Future Debt Burden A government debt is a government claim against personal income and private property – an unpaid tax bill. —Hans F. SennholzExcessive spending and…
Democrats Introduce First Formal Budget Proposal in Four Years
Congressional Democrats have finally gotten around to proposing a federal budget - the first one in four years - and you can probably imagine what it includes. According to…
A Freedom Guide to Debt and Sequester
Democracy and Power 104: Future Debt BurdenA government debt is a government claim against personal income and private property – an unpaid tax bill. —Hans F. SennholzA Freedom Guide to…
CBO Report Confirms That Deficit Reduction Leads To Economic Growth, Helps All Families
On February 5, the Congressional Budget Office released a report titled, "Macroeconomic Effects of Alternative Budgetary Paths". Full disclosure: even to us policy wonks, this report sounds a bit…