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POSTS UNDER debt:
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Debt Ceiling and the 14th Amendment
- 17 Jan 2013
posted in Big Gov & Columns & Money & SpendingIn June of 2012, Nancy Pelosi proclaimed that the 14th Amendment makes the federal Debt Limit unconstitutional. According to the House Democrat Leader, Barack Obama could avoid the whole debt-ceiling showdown with Republicans by simply invoking the “obscure constitutional provision” in the 14th Amendment of the United States Constitution. According to Pelosi, the statutory borrowing [...]
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The Overrated Debt Ceiling
- 16 Jan 2013
posted in Big Gov & Columns & Economy & SpendingSometime in the next 30 to 60 days the federal government will reach the legal limit on its ability to borrow, setting up the next potential budget crisis in Washington. The debt is currently $16.4 trillion, technically in excess of the statutory limit, and the Treasury Department has been using “extraordinary measures,” such as delaying [...]
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We Need a Better Debt Debate
- 10 Oct 2012
posted in Big Gov & Civil Liberties & Columns & Debt & Economy & PropertyIf there was a bigger loser than President Obama on that Denver debate stage last week, it was the conversation about our national debt and the fiscal crisis threatening this country. Throughout the 90-minute debate, both candidates made frequent references to the deficit, the debt, or balancing the budget, but showed little willingness to actually [...]
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Fiat Money – Buying the Stairway to Heaven
- 31 May 2012
posted in Civil Liberties & Columns & Politics & Govt & Principles & PropertyThe globalists have confused us into believing that fiat money is the cause of our depression. Debt-money is the real problem, and true fiat money, if we can get it, will bring heaven on earth. Many believe that fiat currency is the cause of our problems, and gold is the solution. I contend that the [...]
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Time to swear off runaway spending and let recovery begin!
- 22 May 2012
posted in Big Gov & Business & Economy & Politics & Govt & Spending & Taxation & wasteWhen noted Academicians write to the President and tell him to stop spending, you know they are serious. In February 2012, Stanford University economist John Taylor was one of 150 economists who signed a letter to President Barack Obama urging spending cuts. Taylor took the time on his personal blog to explain in simple terms [...]
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95% Of The Jobs Lost During The Recession Were Middle Class Jobs
- 02 May 2012
posted in Big Gov & Bureaucracy & Civil Liberties & Economy & Money & Politics & Govt & Property & Spending & Taxation & VoicesWho is the biggest loser in the ongoing decline of the U.S. economy? Is it the wealthy? No, the stock market has been soaring lately and their incomes are actually going up. Is it the poor? Well, the poor are definitely hurting very badly, but when you don’t have much to begin with you don’t [...]
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Garet Garrett: Ex-America, part VII
- 30 Apr 2012
posted in Big Gov & CAA Special Series & Civil Liberties & Garet Garrett & PrinciplesGaret Garrett (1878-1954) is a voice largely forgotten or altogether unknown today. Born in Illinois, by the age of twenty-five he was a staff writer for the New York Sun. Thirteen years later he was an executive editor at the New York Tribune, after having been a financial writer for the New York Times. After [...]
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One Nation Under Debt With Endless Debt Slavery For All
- 25 Apr 2012
posted in 2012 & Civil Liberties & Corruption & Economy & Money & Numbers & Politics & Govt & Spending & Voices & wasteDebt is a “soft” form of slavery. In America today, it is not legal to bind people up with chains and force them to work for you, but that doesn’t mean that there are not millions upon millions of slaves in this country. When you borrow money, you willingly become a servant to the lender. [...]
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10 reasons the U.S. economy may be getting ready to tank
- 18 Apr 2012
posted in Business & Economy & Jobs & Money & Politics & Govt & WorldWhile President Obama has been spending his time arguing for higher taxes on wealthier Americans — which would create no jobs, no economic growth, and little debt reduction but achieve a higher level of tax code”fairness” — this has been what’s happening in the U.S. economy (via Strategas Research): 1. Productivity growth has slowed & with [...]
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Individualism as an American Tradition
- 12 Apr 2012
posted in Civil Liberties & Columns & Executive & Judicial & Legislative & Principles & States & The ConstitutionIn revisiting the words of our twenty-second and twenty-fourth president Grover Cleveland, I am reminded of the virtues of individualism. Cleveland, a Democrat, spoke in what was the American Tradition before the word individualism was made a pox; before it was poisoned by deceptive propaganda that disparaged it as “rugged” and selfish. In 1887, President [...]
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Debt Ceiling and the 14th Amendment
- 17 Jan 2013







