The more I dug into the Treasury’s report the more I was persuaded that it was propaganda, pure and simple. It’s helpful to remember that the Treasury Department is staffed by Obama-ites, operating under orders from His Worshipfulness.
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It’s helpful to remember always that central banks are an international cartel. Their interests are not the same as the countries they allegedly represent.
Only in the alien world of Washington do glitches and foul-ups and delays signify success.
The messy launch of Obamacare just proves to the totalitarians that what is really needed is the elimination of all insurance companies and those complicated exchanges, and just let the government run everything.
I smell a rat.
Have you ever wondered how much we as taxpayers actually owe because of commitments politicians have made on our behalf? Turns out, the answer is not as simple as you might think. John C. Goodman has discovered how hard it is to make sense of the (often) nonsense parading as government statistics, especially concerning who owes […]
In my opinion, the three big ratings agencies are in cahoots with big government. But S&P took a gamble (it’s owned by McGraw-Hill) that being the first to expose the emperor without his clothes might gain them more market share—at least more notoriety—and might also put back a little polish on their sullied reputation following their “missed” calls on the great recession in 2007-2008. In any event, they “under-called” the sovereign debt issue. In my opinion, again, the US’s sovereign debt should be rated BBB—junk.
This is a perfect example of controlling the conversation so that the real issues can be avoided. Instead of talking about how to arrange the tax code, the conversation should be about cuts in government spending. That’s the best way to reduce taxes, not just rearranging how they are paid.
This was fun to write. The guy was just taking advantage of the free market of information that he had developed with good friends over a long period of time. The most telling criticism of insider trading restrictions is: where’s the victim? Who was defrauded? Other objections exist, too, as noted in the article. But that’s the one that blows the entire SEC position away.
This agency has been in the works since last July, and has been festering in the mind of its creator since 2007. When it is full-blown, in full flower, we’ll discover that the government has fooled us once again. Thinking that they are out to protect us, they instead are enslaving us.