Tag Archives: debt

To PAYGO or to NO-PAYGO?

Bryan Pick makes a great point on why the GOP should accept Obama’s limited Paygo

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Our Government’s Economic Policy Explained

By Fred Thompson. With only the most minor quibbles I not only laughed, but cried. Pretty much dead on: The sad thing is that it isn’t only “liberal” economists, it is the meat of the profession and plenty of so … Continue reading

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Peter Schiff’s Payback

The insufferable Peter Schiff has a video going around, which frankly, is just brilliant. He may be unpleasant at times, but he nailed this thing, and took mounds of abuse while doing so. More importantly, I KNOW HOW HE FEELS! … Continue reading

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De-leveraging

Given the topic of tonight’s podcast I thought a little visual data might help. First, the explosion in US debt: Henry Blodget explains: From the early 1920s through 1985, the average level of debt-to-GDP in this country was 155%. The … Continue reading

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My favorite proposal for helping financial institutions

I do believe we should be doing something as a nation, through our government, to avoid the not insignificant chance of a total financial meltdown. I have seen several things proposed that I find interesting, and I will get into … Continue reading

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