Former Republican New Mexico Governor and Libertarian Party presidential candidate Gary Johnson didn’t win the presidential election, but he did generate more than 1.2 million votes last week. This is the second highest of all-time right behind the year 2000 when the party garnered 1.6 million votes. Despite the party reaching more than one percent […]
Archives for November 2012
William F. Buckley interviews Ron Paul on ‘Firing Line’ in 1988
Last night, I continued my schedule of attempting to catch up with the interviews of William F. Buckley. Considering how I was born in 1988, it was rather difficult to watch the program live, especially in the household I grew up in. Anyway, on one episode of Buckley’s “Firing Line,” the 1988 Libertarian Party presidential […]
U.S. government spent $300 billion in October, fourth highest deficit in history
The Treasury Department published its budget data for the first month of the United States federal government’s fiscal year. Washington spent $304 billion in the month of October and its budget deficit rose 22 percent, or $98.5 billion, from a year ago to $120 billion. October is usually the month that the federal government runs […]
Marc Faber on Economy: ‘There will be pain and there will be very substantial pain’
Over at Examiner, I reported on a recent interview that Marc Faber, publisher of the “Gloom, Boom and Doom” report, took part in with CNBC. He talked about the debt, the global financial system, how we lived beyond our means for nearly three decades and how we will have to pay it back. In usual […]
California city Vallejo allowing voters to make budget decisions
Should the government seek your input before it spends a dime? Well, one California city, after it emerged from bankruptcy, is now putting the question to voters: should we ask you before we spend your money? More than 100,000 residents in Vallejo, California would take part in “participatory budgeting” and order how the city would […]