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โ€œThe powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.โ€

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Feds Set Spending Record in Fiscal 2021; Ran Second-Largest Budget Deficit in History

Feds Set Spending Record in Fiscal 2021; Ran Second-Largest Budget Deficit in History

by Mike Maharrey | Nov 2, 2021 | Current Events, Economy

With economies shut down and the U.S. government spending trillions in response to the coronavirus pandemic, the federal government ran a record $3.13 trillion deficit in fiscal 2020. The pandemic eased and economies opened back up in fiscal 2021, and you would expect...
Yes, We Can Trust the Fed. To Keep Devaluing Our Money

Yes, We Can Trust the Fed. To Keep Devaluing Our Money

by Stefan Gleason | Oct 15, 2021 | Federal Reserve

As Congress finally came to an agreement recently to temporarily lift the debt ceiling, investors breathed a sigh of relief. The stock market bounced and commodity indexes ran up to new multi-year highs. Precious metals markets, meanwhile, staged modest advances after...
They’ve Solved the National Debt! Just Mint a $1 Trillion Coin

They’ve Solved the National Debt! Just Mint a $1 Trillion Coin

by Mike Maharrey | Oct 10, 2021 | Current Events, Economy, Federal Funding

Have you heard the latest news on theย fake debt-ceiling fight? The Senate has approved a measure to kick the can down the road a couple of months. So, the โ€œfightโ€ will continue! The $480 billion increase raises the debt limit to $28.9 trillion, but thatโ€™s only going...
Thomas Jefferson’s Blueprint for Dealing With the National Debt

Thomas Jefferson’s Blueprint for Dealing With the National Debt

by Mike Maharrey | Aug 11, 2021 | Economy, Thomas Jefferson

The way Thomas Jefferson handled the national debt should serve as a blueprint today. But instead, modern presidents look more like college students on a spending spree with their first credit cards. In January 2017, the national debt stood at a whopping $19.95...
Time for Another Fake Debt Ceiling Fight

Time for Another Fake Debt Ceiling Fight

by Mike Maharrey | Jul 22, 2021 | Current Events, Federal Funding

The clock is ticking down to another U.S. debt ceiling battle. Of course, the debt ceiling is a fake and a fraud just like the debate surrounding it. The debt ceiling theoretically “limits” government borrowing and spending. In reality, it does no such...
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