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Category Archives: Government Debt
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
How Faux Capitalism Works in America
The 2008 financial crisis helped clarify how faux capitalism works in America. That when the big corporations and the big banks get in trouble, the people on top quickly absolve culpability while appropriating public funds from their friends at the Treasury for the purpose of private bailouts. This, in effect, socializes the losses across bottom rungs of society and concentrates profits across the top. Continue reading
Choking On the Salt of Debt
Roughly three years ago, after traversing between Los Angeles and San Francisco via the expansive San Joaquin Valley, we penned the article, Salting the Economy to Death. At the time, the monetary order was approach peak ZIRP. We found the … Continue reading
Posted in Government Debt, MN Gordon
Tagged agriculture, cadillac desert, debt, san joaquin valley, treasuries
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