<
There is no Santa Claus - By: Walter E. Williams, Ph.D.
Posted by admin / Under Taxing And Spending Clause
The government can increase its spending only by reducing private spending equivalently. Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending.
Published on Thursday 29th of July 2010 08:39:11 PM
Your Taxes Will become Fannie and Freddie Dividends
Posted by admin / Under Taxing And Spending Clause
Congress rejected a clause to prevent the two companies from paying dividends if it was receiving help from taxpayers... Do you think that they won't spend tax payer money to make their shareholders happy?
Published on Thursday 29th of July 2010 08:39:11 PM
"Do not hold everything as gold that shines like gold."
This Day In History
Baltimore: port town and industrial center was founded (1729)
Share this!