Blog Archives

You Are Not the Only One Who Can’t Make Ends Meet

dollare airplane crash

The majority of Americans can’t make ends meet. Bob Allen shared a message with me that you might relate to: If it seems like you always have more month left at the end of each paycheck… you’re not alone. The

Posted in Debt, Economy, Federal Reserve, Spending Tagged with:

Downgraded Chicago: The City Is Officially Junk

key-ring-chicago

Moody’s has officially downgraded Chicago bonds to the status of junk bonds. Regular readers might remember that back at the end of February I wrote about how Moody’s downgraded Chicago’s bonds to two steps above junk. Nothing has really changed

Posted in Corruption, Debt, Economy Tagged with: , , , , ,

One Fourth of Americans Have No Emergency Fund

bankruptcy

While many Americans report suffering financial emergencies, a sizeable number have no emergency fund saved up. It seems like I post a story about this every other month because new studies keep coming out that set forth the same depressing

Posted in Debt, Economy Tagged with: ,

Government Lies: No Debt Growth for 40 Days

truth lies

In one more instance of government lying, the Treasury Department claimed that no debt growth took place since March 13. We all know how it works. If Veterans Affairs has a legal obligation to provide for troopers on a wait

Posted in Corruption, Debt, Government Control Tagged with: , ,

Climate Change Is a Primary National Security Threat?

John Kerry on Global Warming

Global warming isn’t a national security threat at all, let alone a “primary” one! After the kind of things John Kerry has said about global warming as Secretary of State, I don’t think we should be that surprised that Barack Obama

Posted in Debt, Environment, Global Warming, National Security Tagged with: ,

The Politics of Covetousness

debt

It is widely known that Americans are spending themselves into debt slavery. For example, Bloomberg business reported last September that consumer debt was at an all time high of $3.2 trillion with credit cards and auto loans leading the pack.

Posted in Christianity, Debt, Economy, Ethics Tagged with: , ,

Republicans Working on Deal to Increase the Deficit

medicare_02

Republicans are ready to join Democrats and increase Medicare repayments in a way that will increase the deficit $130 billion in a decade. Is there some political manual somewhere that explains to elected officials that, if they are going to

Posted in Congress, Debt, Healthcare, Spending Tagged with:

Our Fiscal Gap Is Large Enough to Swallow Us

money vortex

We have been warned yet again about the fiscal gap that is widening every second as this country continues to borrow and promise. You’ve been reading about the financial crisis in Greece. Get it clear: the United States is very

Posted in Debt, Economy, Spending Tagged with: ,

Greece Will Never Repay Money but Germans Won’t Admit It

Crashing Europe Graphic

It is simply a fact that Greece will never repay its debts because it cannot do so. But the Germans are angry at anyone who tells the truth. Such a great laugh—the game is up! From ZeroHedge.com: “Germans Furious After

Posted in Debt, Economy Tagged with: , , , ,

Why Is Student Debt Exempt from Bankruptcy?

student loan bubble

Megan McArdle suggests that allowing student debt to be discharged in bankruptcy along with all other debt would be a good idea if done right. I realize there are arguments that we should not even allow bankruptcy. It seems to

Posted in Debt, Education Tagged with: , ,

Will Republicans Raise the Debt Ceiling without a Fight?

white flag

Watching Republicans raise the debt ceiling feels like watching them wave a white flag. Is the Republican Establishment’s actual strategy to act like such weak fools that the base will all surrender to the Liberal regime because of the humiliation?

Posted in Debt, Politics Tagged with: , ,

Chicago Finances Are at the Brink

Debt Hits the Fan

Because of a Moody’s downgrade, Chicago finances may be about to get dramatically worse. Our ruling class act like they know what they are doing. They may even be deluded enough to believe their own deceptions. But the truth is

Posted in Corruption, Debt Tagged with: , ,

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