Common Sense Capitalism posted another interesting video over at YouTube that compares the United States federal government’s debt compared to corporate debt since 1966. What’s interesting about the video is that from the 1960s all the way to just a few years ago, corporate debt exceeded federal government debt. However, that figure shifted in 2010.
Archives for December 2012
Minimum wage hikes to lead to higher unemployment, weaker economy in collapse
On New Year’s Day, some of the nation’s lowest-paid workers will receive a bigger paycheck when the minimum wage increases in 10 states. Approximately one million employees will see more income as part of state cost-of-living adjustments that account for inflation, a growing factor in the United States. Although the federal minimum wage will remain […]
Thomas Sowell on the ‘vulgar pride of intellectuals’
After starting to read Thomas Sowell’s superb “Knowledge and Decisions,” it became a good idea to publish an in-depth interview on how intellectuals have ruined society and the worst ideas are adopted by the intellectuals in a country. Sowell has done sublime work and is a good friend of liberty. If anyone has not read […]
Ron Paul is the ‘Man of the Decade’ at WorldNetDaily
Forget TIME magazine‘s “Person of the Year,” time to meet the “Man of the Decade” over at WorldNetDaily. Ron Paul, a three-time presidential candidate, bestselling author and 12-term Texas Republican Congressman, is WND.com‘s “Man of the Decade” for his pursuit of sound money, promotion of liberty and championing the United States Constitution. Indeed, for everything […]
Outraged by excessive government power and regulation? Watch this video
Reason TV published an excellent video on YouTube on Thursday that profiles a restaurant called “Tam’s Burgers.” It is now forced to shut down its business in the first week of January 2013 all due to the excess power of the Los Angeles Police Department (LAPD) and the regulations of city council. This is a […]