Tag Archives: joe biden

Fake Vaccines…and their Unintended Consequences

Trust in the American government – a massive blob – is at an all-time low. But that doesn’t mean it can’t go lower. For example, President Biden’s recent efforts to dial up the fear gauge on the omicron variant, warning of a “winter of severe illness and death for the unvaccinated,” are clearly dishonest. Virus breakthroughs of prophylactic mRNA vaccines are widespread. Biden’s words are political. Not words of honest counsel. Continue reading

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Why Grubby Politicians like Joe Biden No Longer Get All the Breaks

Ted Nicholas Peterson – known to friends as “Nick” – was a man of confections. Fudge, to be exact. At age 21, and $96,000 in debt, he started his own confectionery business called, “Peterson’s House of Fudge,” in Wilmington, Delaware. Continue reading

Posted in Business, MN Gordon | Tagged , , , , | 2 Comments

Has Joe Biden Lost His Mind?

The current price tag for unfunded liabilities – for Social Security, Medicare (Parts A, B, and D), federal debt held by the public, and federal employee and veteran benefits – is $158.9 trillion. Again, GDP’s just $18.6 trillion. Anyone under 50 years old that’s depending on Social Security to supplement them in retirement is toast. Many people older than 50 are also toast. Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , | 26 Comments

When Boom Turns Into Crack-Up Boom

U.S. dollar printing in its current form is a crude procedure. The Treasury issues debt. The Federal Reserve then expands its balance sheet, creating credit from nothing, and loans it to the Treasury. The U.S. government then spends the debt based money into the economy via federal contracts, programs, and, now, stimmy checks. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 27 Comments