Imminent Bankruptcy of the US Government – LewRockwell

Posted on by johnbarleycorn12

International Man: Everyone knows that the US government has been bankrupt for many years. But we thought it might be instructive to see its current cash-flow situation. The US government’s budget is the biggest in the history of the world and is growing at an uncontrollable rate. Below is a chart of the budget for the most recent fiscal year, which had a deficit of nearly $1.7 trillion. Before we get into the specific items in the budget, what is your take on the Big Picture for the US budget? Doug Casey: The biggest expenditure for the US government are so-called entitlements. … Continue reading →

Source: Imminent Bankruptcy of the US Government – LewRockwell

Stop Drinking the Political Kool-Aid, America: Voting Will Not Save Us – LewRockwell

Posted on by johnbarleycorn12

“We’ve got to face it. Politics have entered a new stage, the television stage. Instead of long-winded public debates, the people want capsule slogans—‘Time for a change’—‘The mess in Washington’—‘More bang for a buck’—punch lines and glamour.”— A Face in the Crowd (1957) We are one year out from the 2024 presidential election and as usual, the American people remain eager to be persuaded that a new president in the White House can solve the problems that plague us. Yet what is being staged is not an election. It’s a con game, a scam, a grift, a hustle, a bunko, a swindle, … Continue reading →

Source: Stop Drinking the Political Kool-Aid, America: Voting Will Not Save Us – LewRockwell