25 October 2012 0 Comments

Switzerland’s Debt – 35% of Gross Domestic Product – Some Complain

35% debt to GDP and someone complains “At around 35 percent, Switzerland’s debt-to-gross domestic product-ratio is a very managable figure.  Furthermore, in comparison with the 90% average for its neighbors in the (sic) “Euro zone” it puts that figure in a very positive perspective. Highly-rated Swiss debt is beloved by safe-haven investors, and with only […]

22 May 2012 0 Comments

Issues 2012: US Government Debt at 101.5% of GDP

The US National Debt is $15.692 trillion pushing up against debt ceiling of $16,394. Who pays for all this debt? Has the debt produced more jobs or more unemployment? ZeroHedge 1 May has some insights worth reading READ MORE ZEROHEDGE 1 May 2012 The Peter G. Peterson Foundation offers some solutions. While not free market, […]

20 May 2012 0 Comments

Obama Stimulus: Jobs Overseas – Who Benefitted From All the New Debt?

Obama creates “green jobs”–in other countries   2.3 billion tax credits overseas  1 minute video  

18 January 2012 0 Comments

Rick Santorum’s Negatives Part 6: Not Daniel Hannun – Bush Big Government Compassionate Conservative Statist Spending and Borrowing

 “The New Road to Serfdom: Lessons to Learn from European Policy”Daniel Hannan    European Parliament   27 October 2011 Hillsdale College’s Free Market Forum “Markets, Government, and the Common Good” Daniel Hannan  Free Markets for Free People “[European states were encouraging] consumption but they were not producing and they were bridging the gap with debt. The EU’s […]

7 September 2011 0 Comments

The New $4 Billion Dollar Civil Right Entitlement: Cell Phones

As the  nearly insolvent US Postal Service becomes more and more irrelevant and bankrupt, what could be more logical than that the Federal Government subsidized ultrabillionaire “private” Big Businesses to provide “free” $ 4 Billion dollar cell phone service to the “underserved” poor. Could it be The Forgotten Taxpayer who pays? Another “Entitlement”; Another $4 […]

2 September 2011 0 Comments

Government Welfare, Great Society; Equalizing Wealth; Debt: Gap Widens; Debt, Deficit and Dependency

This Investors Business Daily ends with observation that: “ The road to hell, it’s said, is paved with good intentions. But sometimes it’s paved with taxpayers’ money.” It is clear that Welfare, which was intended to help those who could not help themselves, has evolved into a massive, taxpayer subsidized program that encourages many to […]

31 August 2011 0 Comments

Poor In America: Not What You Imagine

43,000,000 million Americans, one in seven, live in poverty. How poor are America’s poor? The typical poor family has at least two color TVs, a VCR, and a DVD player. One-third have a wide-screen, plasma, or LCD TV. And the typical poor family with children has a video-game system such as Xbox or PlayStation. Plugged-In […]

30 July 2011 0 Comments

Debt Ceiling Aug 2: No Default – President Embarrassed Pat Toomey Republicans Vindicated

August 2d  No Deal Government “shuts down”. The World Does Not End, Bond Holders Are Paid, Social Security Checks Mailed to Grandma, Medicaid and Medicare and Active Duty Military Funded, and; President Obama and His Media and Government Enablers  Are Exposed For Their Fraudulent, Phony Scare Tactics that would put any publicly traded company CEO […]

29 July 2011 0 Comments

Pennsylvania’s Debt and the “Surplus”: Half True, All False

Commonwealth Foundation: “Today, Pennsylvanians owe $127 billion in state and local government debt. This equates to more than $10,000 for every person, and more than $40,000 for the average family of four in the Commonwealth, an increase of more than $12,000 since 2002.” There are billions in pension liabilities not reported on balance sheet. Off […]

26 July 2011 0 Comments

Big Business is Not The Forgotten Taxpayer’s Friend: Ethanol Subsidies Dept Energy

Tim Carney of the Washington Examiner has been a reliable critic of debilitating effects of Ethanol Subsidies in misdirecting resources toward government sponsored enterprises to the detriment of useful productivity that raises standard of living of all. Using the resources of all to benefit a government favored few is an economic strategy of Statists. Individual […]