In the years ahead, the Federal Reserve will undertake the gargantuan task of keeping the system going despite its insolvency – in other words, bailing out the government itself.Details
In order to qualify for federal dollars, states frequently have to pass laws that expand their reach and authority. And they often need to continue to pay for new programs after federal funding is phased out. Short run money that appeared “free” often ends up becoming a long run obligation to state taxpayers in the end.Details
One of the things most abhorrent to us sovereignty-seekers is the incredible amount of bloat in Washington, D.C. While some of us are coming around to seeing that Washington, D.C. is killing this country on a non-partisan basis, the following chart illustrates this fact.Details
by Chuck Norris, WorldNetDaily
America is broke. Wall Street is going out of business. The government is borrowing and bailing like there is no tomorrow. Americans anxiously await the full impact of a second Great Depression. And we all are longing and looking for solutions and saviors.
Well, have no fear. Our founders are here.Details
by Rep Ron Paul
Recently Congress sent the latest Farm Bill to the president. The bill features brand new federal programs, expansion of existing subsidies, more food stamps and more foreign food aid. This bill hits the taxpayer hard, while at the same time ensuring food prices will remain elevated. The president vetoed the bill, citing concerns over its costs and subsidies for the wealthy in a time of high food prices and record farm income. Nevertheless, this over-reaching, government-expanding Farm Bill will soon be law.Details
by Rep Ron Paul
This week, as the American economy continued to suffer the effects of big government, the House attempted to pass two multibillion dollar “emergency” spending bills, one for continued spending on the war in Iraq , and one increasing spending on domestic and international welfare programs.Â The plan was to pass these two bills and then send them to the president as one package.
Even though the House failed to pass the war spending bill, opponents of the war should not be fooled into believing this vote signals a long term change in policy.Â At the end of the day, those favoring continued military occupation of IraqÂ will receive every penny they are requesting and more as long as they agree to dramatically increase domestic and international welfare spending as well.Details