As extended unemployment swells almost everywhere across the advanced industrial world, that question is turning into a lightning rod for governments.
The Obama hero who failed
Let’s think about President Obama’s failed economic stimulus program. Before getting to the nitty-gritty of why stimulus packages fail, let’s look at the failed stimulus program of Obama’s hero, Franklin Delano Roosevelt.
Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/columns/A-failed-Obama-hero-1000349-98416349.html#ixzz0wJ7CCWAW
King Barack Demands More Taxes To Fund Queen Michelle’s Spain Trip
We have seen a civilization so great, so long-lived, and so strong that it couldn’t die – do exactly that.
The concept of too big to fail does not necessarily apply to nation states.
We don’t have to go back very far in history to observe such a catastrophic event. It isn’t necessary to go back to the great pre-Christian civilization of Egypt to find parallels with our own current destructive patterns, nor do we need to compare our country to ancient Rome, and that greatest of civilization’s centuries’ long world reign and subsequent downfall. In much more recent times, we can look at what happened when our first and oldest ally, the ancient regime of the great nation of France, in the late 18th Century, self destructed in large part due to nation-destroying financial practices.
Ryan responds to scurrilous Krugman attack on “Roadmap to America’s Future”
Wisconsin Rep. Paul Ryan is unique among House Republicans in having assembled a comprehensive federal spending, taxation and entitlement reform blueprint, which he calls a “Roadmap to America’s Future.”
America’s Ruling Class — And the Perils of Revolution
As over-leveraged investment houses began to fail in September 2008, the leaders of the Republican and Democratic parties, of major corporations, and opinion leaders stretching from the National Review magazine (and the Wall Street Journal) on the right to the Nation magazine on the left, agreed that spending some $700 billion to buy the investors’ “toxic assets” was the only alternative to the U.S. economy’s “systemic collapse.” In this, President George W. Bush and his would-be Republican successor John McCain agreed with the Democratic candidate, Barack Obama.
Soaking the Rich
Liberals have an amazing ability to overlook the obvious. This is particularly true when it comes to deficits and debt. Their proposals to tax their way to solvency is akin to proposing to rescue a sinking ship by moving the water to another deck. The left imagine they can bail out the boat by soaking the rich. Simply stopping the flood of deficit spending somehow escapes them.
1913 Was a Very Bad Year
Prior to 1913, there was no federal income tax. The states had rights and representation in Washington DC, there was no Federal Reserve Bank, and the federal government lived under the enumerated powers afforded within the US Constitution. What a difference one year can make…