The political wrangling continues in California while the Legislature fails to tackle its $24 billion deficit, all of their energy seems to be concentrated on circumventing the obvious choice of reducing spending. The voters sent a clear message to state officials with the ballot initiatives they struck down back in May. Their message [...]
The Government collects a certain amount of revenue in the form of taxes every year to pay for its existence, yet it customarily spends much more than it collects and nonchalantly finances the difference with hardly a headline. This is an astounding occurrence in that the Government can spend anything it desires and any [...]
In an attempt to kick-start our struggling economy that has been suffering from this formidable global slump, our Government has been pumping money into the system relentlessly with no end in sight. To accommodate this spending debauchery they are embarking on a program of borrowing and of printing money in some coordinated effort to [...]
