Categories
Financial Sector

How the US Monetary System Steals from the Poor and Gives to the Rich

Required viewing for anyone who does not yet understand the complicated mechanism by which the banking system transfers wealth from those at the bottom to those at the top.  

Categories
Debt Economics Federal Reserve Financial Sector

Housing Bubble Wastes $2 Trillion on 14 Million Empty Houses

Empty houses in the US = 14 million. Median Home Price = $160,000. Money Wasted on Building Unneeded Homes = $2 trillion. Why would Americans be so dumb as to build 14 million houses they didn’t need?  The two primary reasons we built too many houses are: The United States spends more than $100 billion annually to subsidize homeownership.  The mortgage […]

Categories
Taxes

A More Progressive Tax System Makes People Happier

A new study comparing 54 nations found that the more progressive the tax policy is, the happier the citizens are.

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Corporate Welfare

Voters See ‘Corporate Welfare’ Programs As A Good Place To Cut Government Spending

15% of likely U.S. voters think the federal government should continue to provide funding for foreign countries to buy military weapons from U.S. companies. Seventy percent (70%) oppose this funding to promote U.S. arms sales.

Categories
Monkey Business

cos(b) says, “The kids today need to learn their mathematics, ya see!”

Mathematical proof that Bill Cosby is not square:  

Categories
War

Fun Facts About Iraq!

The Iraq war will end up costing at least $3 trillion. With that much money, you could end world hunger for 100 years or end American hunger for 100 minutes!

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Corporate Welfare Healthcare Podcast

Government Pays Doctors $44,000 to Use an iPad

Now starving doctors will finally be able to afford an iPad thanks to your generous tax contribution!

Categories
Government Spending

Government Spends More on Corporate Welfare Subsidies than Social Welfare Programs

About $59 billion is spent on traditional social welfare programs. $92 billion is spent on corporate subsidies. So, the government spent 50% more on corporate welfare than it did on food stamps and housing assistance in 2006.

Categories
Debt Taxes

Debt Will Swell Under Top GOP Hopefuls’ Tax Plans

The national debt would balloon under tax policies championed by three of the four major Republican candidates for president, according to an independent analysis of tax and spending proposals so far offered by the campaigns. The lone exception is Texas Rep. Ron Paul, who would pair a big reduction in tax rates with even bigger cuts in government services, […]

Categories
Corporate Welfare

What Would Have Happened If We Let AIG Fail?

The average household in America had to shell out around $2000 to make sure that AIG’s counter-parties wouldn’t have to accept the risks they took.