Tag Archives: social security

America Goes Full Imbecile

Credit has a wicked way of magnifying a person’s defects.  Even the most cautious man, with unlimited credit, can make mistakes that in retrospect seem absurd.  But an average man, with unlimited credit, is preeminently disposed to going full imbecile. … Continue reading

Posted in MN Gordon, Politics | Tagged , , , , | 5 Comments

Broken Promises

Consumer debt, corporate debt, and government debt are all going up.  But that’s not all.  Margin debt – debt that investors borrow against their portfolio to buy more stocks – has hit a record of $642.8 billion.  What in the … Continue reading

Posted in Government Debt, MN Gordon | Tagged , , , , , | Leave a comment

Yarns, Mysteries, and the CPI

Several ill-defined economic waypoints were unveiled this week.  Namely, the Labor Department’s July consumer price index report.  According to the government data, on whole, consumer prices for the month didn’t change one iota. Reportedly, energy prices went down, food prices … Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | Leave a comment

Another Government Ponzi Scheme Starts to Crack – Do You Depend on It?

Another Government Ponzi Scheme Starts to Crack – Do You Depend on It? By Nick Giambruno, International Man Government employees get to do a lot of things that would land an ordinary citizen in prison. For example, it’s legal for … Continue reading

Posted in Government Debt, Nick Giambruno | Tagged , , , , | Leave a comment