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Category Archives: Government Debt
Realizing the Full Implications of the Forthcoming Catastrophe
The popular delusion of the 21st century is to assume the highest virtues of democracy. This faulty assumption propagates a dangerous archetype: the tyranny of the masses and its twin consequences, deficits and inflation. Continue reading
Posted in Government Debt, MN Gordon
Tagged catastrophe, debt ceiling, fiscal doom, the descent to hell is easy, virgil
18 Comments
Tending Towards Maximum Perversity
According to Finagle’s corollary to Murphy’s law, “Anything that can go wrong, will—at the worst possible moment.” Taken a degree further, per O’Toole’s corollary of Finagle’s law, and the second law of thermodynamics, “The perversity of the Universe tends towards a maximum.” Continue reading
Posted in Government Debt, MN Gordon
Tagged bailouts, central planning, collapse, federal reserve, general motors
1 Comment
Fake Money’s Face Value Deceit
Shane Anthony Mele stumbled off the straight and narrow path many years ago. One bad decision here. Another there. And he was neck deep in the smelly stuff. Continue reading
Posted in Government Debt, MN Gordon
Tagged currency debasement, fake money, federal reserve, morgan dollar, shane anthony mele
13 Comments
The Big Government Show Must Go On
The real State of the Union – the one President Trump omitted from his address – is a state of impending doom brought on by 50 years of relentless debt accumulation. Day after day, week after week, month after month, year after year, the federal government has spent more than it takes in. Now the debt has piled up past the point of no return; there’s no longer an expedient way to reverse course. Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, congress, currency, default, state of the union address
15 Comments