I think the populace realizes that the good ole U.S.A has a giant deficit problem. Our government is addicted to spending. So far, the only budget cuts that have been offered are to decrease the escalation of future spending. Really? That’s the best congress and the president can do! They’ve decided to not increase spending as quickly as originally planned. Isn’t that special! Here’s an interesting perspective, from the Daily Paul, that presents our budget and deficit problem in simple, terms. Why the US was downgraded…U.S. Tax revenue: $2,170,000,000,000Fed budget: $3,820,000,000,000New debt:
I don’t really know what to make of this, but I do know that THE WORLD NEEDS TO SEE IT.
People tend to think that I’m “really into” politics. And I suppose it’s a reasonable assumption to make as I’m always going on about this thing or that thing that the government does. But really it’s politics that I loathe. Politics, i.e. the art of lying and scheming one’s way to power in order to exert said power over the citizens you are proclaiming to represent (author’s note: definition made up by me), is the problem if you ask me.
In today’s society, there seems to be an awful lot of confusion regarding the impacts of government intervention in the market place. Many people incorrectly assume that a two party system gives them a choice. The common misconception is that Democrats are pro market intervention and the Republicans are for a regulation free environment. In reality, both Republicans and Democrats favor market intervention. How can that be you ask? Standard Republican campaign rhetoric focuses on repealing regulations in order to
As many Americans know by now, the United States Government has expanded rapidly and more or less unimpeded for the greater part of the past century. Some of this is warranted, most of it is not, and to a large extent the most egregious leaps in size were under the auspices of “protection.” The ill-advised “Patriot Act,” which principled representatives sought to vote down, stripped us of many of the rights and personal liberties we formerly took for granted, citing
Banking, along with all its other advantages in society, has the great fortune of a system that is a confusing concept to most people. It has never been part of a curriculum in any elementary or secondary school that I’ve or anyone I’ve known studied. Even people working in the banking or loan industries sometimes have little knowledge of how the whole clunky mess operates from end to end. After some minor research into the banking system in an attempt
I’d say that overall I’m a fan of dissent. It’s pretty hard to hover on the verge of anarchism in your beliefs and not be. Some of my greatest heroes have advocated and succesfully created change through civil disobedience, whether it’s Ghandi or Mohammed Ali or Rosa Parks or Martin Luther King. I may not agree with everything all of them say or do, but it’s undeniable that all have had a dramatic impact on society one way or another,
I am a lucky man these days. Rather than dealing with a 30 + mile commute like most of my fellow countryman, my trip to work is about 20 feet down the hall on most days. This offers me many benefits; fuel and toll cost savings, lack of commute anxiety, comfy clothing…the list goes on. But the greatest of these advantages has to be my ability to watch all the talking heads on morning TV trying to feed you your
I’m not a professional economist and I don’t claim to be an expert on monetary policy. Many “establishment” politicians would use this as evidence that my opinion does not matter. I think it is extremely important for every American to understand how the Federal Reserve operates. In fact, I think it is middle class Americans that have the most insight into the effects that Federal Reserve intervention into our lives. I remember when I was young my grandmother amazed me with