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budget

Paul Ryan’s $3.9 Trillion Budget Is The New “Conservative” Benchmark

Mandeville, LA – Exclusive Transcript – "Please explain to me, or to people that think like me: Where then is the hope for a federal solution to any of this? The fact of the matter is, sans a federal balanced budget amendment, the current crisis we suffer under is only going to become more insufferable. Since we know what they’re doing to the dollar and we know what’s happening to real wages, you can see the decline written on the proverbial wall. " Check out today’s transcript for the rest…
16
December 2013

If You Think $680 Billion Budget Deficit Is Big, Just Wait For Obamacare To Be Added

Mandeville, LA – Exclusive Transcript – This is just getting started, just the tip of the proverbial iceberg. Where’s the money going to come from? Is this new woman, Janet Yellen, is she going to get in the Federal Reserve and crank out another $80 billion a month to pay for this? We have to keep the stock market going. You gotta feed the monkey, you know, man. Is she going to crank out $80 billion a month to subsidize all those that are going to sign up for the Affordable Care Act? Check out today’s transcript for the rest…
14
November 2013

The Federal Leviathan Needs To Be Downsized Before This Last Train To Brokesville Derails

Mandeville, LA – Exclusive Transcript – Just to put this in perspective, this would mean that our mighty, gargantuan federal leviathan would have to exist on a paltry $1.2 trillion. In other words, it would have to exist on the expenditures of the last year of the Reagan administration, in 1989. Chew on that for a moment. Think about that. Then come back to me and tell me exactly how, practically speaking, this can possibly financially or numerically or mathematically work itself out. Check out today’s transcript for the rest…
24
October 2013

Congress Has A Few Patriots, But The Rest Are Just Fighting For Their Slice Of Leviathan Pie

Mandeville, LA – Exclusive Transcript – Don’t be living in the ethereal fantasy world that these guys are actually holding the line for the reasons that you and I hold near and dear. There are obviously other political concerns here. There is the divvying up of the $3.8-trillion-pound pie that’s really what is going on here. Each side is fighting for their slice. There are some in the House of Representin’ that are fighting for the correct causes, I think. Their numbers are small. Check out today’s transcript for the rest…
18
October 2013

The U.S. Has Been Defaulting On Its Debt For Years And That’s Not Changing Anytime Soon

Mandeville, LA – Exclusive Transcript – If we go back to October the 11th, interview given by James Grant of Grant’s Interest Rate Observer, you would have found this posted at the Washington Compost under the headline “Has The United States Ever Defaulted?” Grant’s answer is: Yes, and it’s going to default again; it’s inevitable. Check out today’s transcript for the rest…
17
October 2013

Default Deschmalt – The Sun Will Rise, The Moon Will Shine, And The Debt Will Still Be There

Mandeville, LA – Exclusive Transcript – Anthony Sanders, our friend the economist at George Mason’s Mercatus Center has been blogging about this. I asked him for some charts yesterday and he put charts together. You can find them in today’s Pile of Prep under the headline “Confounded Interest,” what Sanders says about the shutdown. Check out today’s transcript for the rest…
17
October 2013
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