October 14, 2010
No, seriously. In a nutshell, under the GRA system government would seize private 401(k) accounts, setting up an additional 5% mandatory payroll tax to dole out a “fair” pension to everyone using that confiscated money coupled with the mandated contributions. This would, of course, be a sister government ponzi scheme working in tandem with Social Security, […]
March 24, 2010
Hot Air is pointing out several recent stories that seem to indicate we may face a VAT fight soon. The New York Times and Nancy Pelosi are pushing for it, Charles Krauthammer and the CATO Institute warn we could face this fight very soon. The Value Added Tax acts as a stealth sales tax, only […]
March 17, 2010
In a blog posted early this morning on the Huffington Post, Craig Crawford wrote a short, dismissive piece on the outcry over the US House’s attempt to pass health care reform without actually voting on it. That issue aside, Mr. Crawford had this to say about the situation: “At the end of the day, even […]
November 28, 2009
If this Republic continues to spend this way eventually the consequences will catch up with us. Whether that takes the shape of a worthless dollar, massive inflation, sky-high interest rates, or some combination thereof is unclear now. What is clear is that the day is coming when we won't be able to charge our absurd spending on credit and, when that day comes, this nation will be a very different place.