This summer, the IRS rewarded Nicolas Cage for his “efforts” with a $6 million tax lien on his New Orleans’ properties for unpaid taxes. So the IRS, lead by tax cheat Timothy Geithner, is cracking down on Nicolas Cage for unpaid taxes. How ironic. Or perhaps, “how fitting” would be a better way to put it. After all, I think Tim Geithner, our spend-happy congress, the Federal Reserve, George Bush and Barack Obama can give Nicolas Cage a run for his money (what little is left of it) when it comes to irresponsible spending. Honestly, look at what our government has been doing:
government spending's archives
Nicolas Cage for Treasury Secretary
under: Complete Whimsy, Deficits, Dollar, Federal Reserve, Individual v. Collective, Live and Learn, Taxes, Treasury, Trust
Tags: AIG, bailout, Barack Obama, budget deficit, Cap-and-Trade, cash for clunkers, debt, Fannie Mae, Federal Reserve, Freddie Mac, George Bush, GM, government spending, healthcare reform, Lehman Brothers, Leonardo DiCaprio, Mike Tyson, Nicolas Cage, pork, stimulus package, TARP, Tim Geithner, unfunded liabilities
A History of Government Spending: The Ridiculously Awesome Version
Like the title says:
under: Deficits, Live and Learn, Obama Says, Taxes, Treasury
Tags: bailouts, Barack Obama, Bill Clinton, budget deficit, debt, Dwight Eisenhower, Franklin Delano Roosevelt, George Bush, George H.W. Bush, Gerald Ford, government spending, Harry Truman, Jimmy Carter, John F. Kennedy, Lyndon Johnson, New Deal, politicians, Richard Nixson, Ronald Reagan, stimulus package, Taxes
How Government Spending Hurts the Economy
Dan Mitchell of the Cato Institute gives a concise breakdown on why too much government spending can hurt the economy. It’s definitely worth watching:
Walter E Williams on Government Lies
Walter E Williams, or the “People’s Economist,” gives a breakdown on how the government almost always underplays the size and cost of new programs.
Biden Admits “We Misread Economy.” Better Do More of the Same…
Typical government response; program X hasn’t worked, it’s obviously because we didn’t spend enough:
Obama Axes Pentagon Plan To Build Billion Dollar Tank In Shape Of Dragon
The prestigious Onion News Network reports President Obama has decided to cut spending, but not with stimulus dollars or TARP. Rather, Obama pulls the plug on plans to develop billion dollar dragon tank.
A Cato Institute Look Into a Second (Third Actually) Stimulus
Can anyone site one credible example where Keynesian economics and budget deficit spending effectively created economic growth?
A Schiff for Dodd Trade…Can Anyone Say Pau Gasol for Kwame Brown?
A Schiff for Dodd trade could be likened to Pau Gasol for Kwame Brown. The Lakers have made two appearances to the NBA Finals since that adept move, and lifted the Larry O’Brien trophy last night, defeating the Orlando Magic 4 games to 1. Schiff would provide the necessary punch to a depleted, incohesive unit of representatives. With his scoring ability on the perimeter, the government could begin playing a Zen-like, inside/outside game predicated on ball movement. If nothing else, they should play his videos in pre-meeting warm-ups.
Truth = Trust = Economics
Trust matters in economics. An economy is nothing more than people interacting with people.
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