The $1 Trillion Platinum Coin Is As Good an Idea As FDR’s Court-Packing

January 7, 2013 in News

National Journal | There’s been lots of talk on the interweb machine about using platinum coins to solve the debt-ceiling crisis. Although it’s almost certainly just the theoretical fun of economics writers, and is extremely unlikely to happen…

Senators Got 154-Page ‘Fiscal Cliff’ Bill 3 Minutes Before Voting on It

January 5, 2013 in News

CNS News | The U.S. Senate voted 89-8 to approve legislation to avoid the fiscal cliff despite having only 3 minutes to read the 154-page bill and budget score.

The Fiscal Cliff Deal: Taxpayers Pay More, Deficits Rise

January 4, 2013 in News

The New American | …commentators have been working feverishly to determine exactly what is in the 157-page bill that no one had time to read after being rushed to completion at the very last minute.

Kicking the Can Over the Cliff

January 2, 2013 in News

Taki’s Magazine | Anyone who has two brain cells to rub together for warmth on a cold winter morning knows that this whole “fiscal cliff” debate is nothing more than a petty squabble over tweaking the amount of a terminal cancer patient’s chemo.

From NASCAR to rum, the 10 weirdest parts of the ‘fiscal cliff’ bill

January 2, 2013 in News

The Washington Post | So let’s take a look at 10 of the more curious tax provisions in the fiscal cliff bill—it offers some insight into how messy the tax code is, and will continue to be for another year.

Ron Paul on CNBC 12/28/12: “Republicans and Democrats pretend they’re fighting”

December 30, 2012 in News

YouTube | “Republicans and Democrats pretend they’re fighting” as they spend “like a bunch of drug addicts that just want another fix!”

Charting US Debt And Deficit Since Inception

December 18, 2012 in News

Zero Hedge | In the recent aftermath of the US just concluding its fourth consecutive fiscal year with a $1 trillion+ deficit, we have been flooded with requests to show how the current fiscal situation stacks up in a big picture context.

The Fiscal Cliff Is A Diversion: The Derivatives Tsunami and the Dollar Bubble

December 17, 2012 in News

Institute for Political Economy | The “fiscal cliff” is another hoax designed to shift the attention of policymakers, the media, and the attentive public, if any, from huge problems to small ones.

Solving The Fiscal Cliff Crisis (Satire)

December 10, 2012 in News

The Onion | Those who reject any part of this plan are not only ignorant, but are also guilty of actively trying to undermine the nation and its government.

US Debt – Visualized in physical $100 bills

December 10, 2012 in News | YouTube video of US Debt – Visualized in physical $100 bills