-
RSS Links
Categories
Tags
abortion aramaic atheism bible biblioblogging byzantine textform china christianity copyright economics egypt federal reserve fiat currency foreign service institute fsi hebrew course genesis god google gospels greek hayek hebrew inflation ipcc israel jesus christ jim west john hobbins kjv libertarianism ludwig von mises masoretic text national debt new testament obama old testament regulation robinson and pierpont roman catholicism septuagint socialism textual criticism textus receptus tobit united statesPages
Archives
Tag Archives: national debt
does this make me alarmist? maybe . . .
The nation of Greece is currently at the center of a debt meltdown due to its ridiculously high spending habits in the past. Thanks to out-of-control spending, the Greek national debt has climbed to about 113% of GDP. A result of that is that investors consider Greek debt more risky, and are only willing to [...]
Posted in bloated government, speculation Also tagged european union, gdp, greece, gross domestic product, interest rates, ronald reagan, united states, warren buffet 1 Comment
misconceptions of the day: our 55 trillion national debt is pretty much held by china
Our national debt is a subject of great controversy and fuzzy facts on all sides. I’d like to address two claims: that the national debt is equal to $55 trillion dollars, and our national debt consists of loans from the Chinese who covertly own our economy.
Posted in bloated government, politics Also tagged china, federal government, the chinese, united states Leave a comment
on the recent house bill, socialism, etc.
As most likely all of you know, there was a very significant healthcare bill passed yesterday. A friend of mine went so far as to say (via facebook), Hurray, the United States government just declared the Church is officially off the hook in regards to the care of the sick and infirm. Now all we [...]
Posted in bloated government, economics Also tagged abortion, executive order, gdp, government spending, gross domestic product, healthcare, kim jung il, medicine, obama, obamacare, overregulation, poverty, socialism, united states, warren buffet, welfare state 1 Comment
some thoughts on what’s going down in greece with the euro
Story here. Greece is currently in trouble as investors are pulling their money out of Greek markets, and European Union officials are talking desperately to investors “in the hopes that investors will give the country a break and stop betting on its fiscal demise. “
on government spending and the economy
The story that started this train of thought is here. It’s a review of something that happened over 50 years ago, but it’s vitally relevant to us today, especially in light of what is going on with U.S. spending right now. The basic issue has to do with the question of whether the U.S. needs [...]
on some of the hollow rhetoric of last night’s state of the union address
This story makes me wonder why I spent an hour of my life last night listening to the President speak about how he’s going to “use the veto if necessary” to force a stop to out-of-control spending, and blaming George Bush for our national debt. Never mind the fact that under Obama the nation has [...]
Posted in economics Also tagged deficit, democrats, george w bush, hyperinflation, president obama, senate Leave a comment
hyperinflation, anyone?
The current U.S. national debt is twelve trillion, three hundred five billion, nine hundred eighty four million dollars and change (by which I mean hundreds of thousands of dollars).
i’m not the only one . . .