Tag Archives: debt ceiling

The Government Debt Paradox: Pick Your Poison

“Rule one: Never allow a crisis to go to waste,” said President Obama’s Chief of Staff Rahm Emanuel in November of 2008.  “They are opportunities to do big things.” At the time of his remark, Emanuel was eager to exploit … Continue reading

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Calling Mitch McConnell’s Debt Ceiling Bluff

Senate Majority Leader Mitch McConnell woke up on the wrong side of the bed on Monday.  Who could blame him?  His summer vacation’s been ruined.  President Trump’s been riding him all month like a pack mule. What’s more, on Monday … Continue reading

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Why There Will Be No 11th Hour Debt Ceiling Deal

A new milestone on the American populaces’ collective pursuit of insolvency was reached this week.  According to a report published on Tuesday by the Federal Reserve Bank of New York, total U.S. household debt jumped to a new record high … Continue reading

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Congress’s Radical Plan to End Illegal Money

One of the many downfalls of being the United States Secretary of the Treasury is the requirement to place one’s autograph on the face of the Federal Reserve’s legal tender notes.  There, on public display, is an overt record of … Continue reading

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