by Runaway Slave | Jun 14, 2005 | Debt, Economics, Essays & Articles, Libertarian Curmudgeon, Politics
"The art of government is to make two-thirds of a nation pay all it possibly can pay for the benefit of the other third." — Voltaire A federal bankruptcy judge recently ruled that United Airlines could hand over $6.6 billion in pension liabilities to the...
by Runaway Slave | Apr 21, 2005 | Debt, Essays & Articles, I.R.S., Libertarian Curmudgeon, Politics, Social Security, Taxes
In case a recent suggestion that most Americans are exempt from income tax failed to solidify this writer’s reputation as one of the world’s great Liberty Lunatics, I will now moveon to the voluntary nature of the national Ponzi Scheme, Social Security, in an effort...
by Runaway Slave | Mar 17, 2005 | Bubble, Debt, Economics, Essays & Articles, Libertarian Curmudgeon
More than at any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness, the other to total extinction. Let us pray we have the wisdom to choose correctly. – Woody Allen In November of 1636 you could buy a small...
by Runaway Slave | Feb 8, 2005 | Debt, Economics, Libertarian Curmudgeon, Politics, Ponzi, Social Security
President Bush in his recent State of the Union address called the U.S. Social Security System “…a great moral success of the 20th Century.” Mr. Bush is the leader of an immeasurably powerful government. The president’s assessment of Social Security’s moral...
by Runaway Slave | Aug 29, 2004 | Debt, Essays & Articles, Inflation, Law, Libertarian Curmudgeon, Social Security
Alan “Bubbles” Greenspan made some unusually candid public remarks last week at a Federal Reserve clam bake in Jackson, Wyoming. The central bankers were there to talk about what the 77 million baby boomers can expect when we belly up to the public trough for our...
by Runaway Slave | Jul 19, 2004 | Debt, Economics, Essays & Articles, Inflation, Libertarian Curmudgeon, Politics
This article was updated 12/14/14 at KyFreePress.com. Same story, bigger numbers. Moveon.org, the propaganda arm of Howard Dean’s failed presidential campaign, produced a TV commercial about our national debt. It offered an unusually close encounter with honesty. The...
by Runaway Slave | May 5, 2004 | Debt, Essays & Articles, Fraud, Libertarian Curmudgeon, Politics, Ponzi, Social Security
Charles Ponzi was a charming, dapper Italian immigrant who became the world’s most famous investment swindler. At his peak in the summer of 1920, when you could buy a house by mail from Sears for $495 and hire skilled labor to assemble it for $1 and hour, Ponzi pulled...
