Bill Gross US Addicted to Budgetary Crystal Meth–Videos

Posted on October 3, 2012. Filed under: American History, Blogroll, Business, College, Communications, Crime, Drug Cartels, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, Inflation, Law, liberty, Life, Links, Macroeconomics, media, Monetary Policy, People, Philosophy, Politics, Psychology, Raves, Regulations, Strategy, Tax Policy, Technology, Unemployment, Video, War, Wealth | Tags: , , , , , , , , , , , , |

CNBC: Bill Gross US Addicted to Budgetary Crystal Meth 10/02/2012

USA Debt Clock

http://www.usadebtclock.com/

US Debt Clock

http://www.usdebtclock.org/

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Senator Tom Coburn and Representative Ron Paul On The Bureaucratic Beast’s Bloated Budgets, Bankruptcy and Beltway Bandits–Videos

Posted on March 16, 2011. Filed under: American History, Banking, Blogroll, Communications, Demographics, Economics, Employment, Energy, Federal Government, Fiscal Policy, government, government spending, history, Investments, Language, Law, liberty, Life, Links, media, Medicine, Monetary Policy, Money, Nuclear Power, People, Philosophy, Politics, Public Sector, Rants, Raves, Regulations, Religion, Resources, Science, Security, Talk Radio, Taxes, Technology, Unions, Video, Wealth, Wisdom | Tags: , , , , , , , , , |

Senator Tom Coburn on The US Budget, Austerity, Hyperinflation, and America’s Future

Dr. Coburn & Dylan Ratigan discuss the new GAO report exposing duplication & waste

 

Washington Journal (pt. 1)

 

Washington Journal (pt. 2)

 

Washington Journal (pt. 3)

 

Dr. Coburn explains the serious long-term implications we face if we don’t cut spending pt.1

 

Ron Paul: The Country Is Bankrupt and Congress Won’t Admit It

 

Ron Paul on the Need to Cut Spending

 

 CNN: Ron Paul: Spending ‘out of control’

 

Ron Paul: Fall of the Federal Empire 

 

Ron Paul: What If the Fed Couldn’t Buy Government Debt?

 

Ron Paul: The Best Income Tax Rate is 0%

 

Ron Paul on Taxes

 

Should either Senator Tom Coburn or Representative Ron Paul decide to run for President in 2012 they would receive my support and vote for they are among a small group of Senators and Representatives who understand the problem and know what needs to be done.

It is interesting that both are medical doctors.

My suggestion to them is as follows: 

First, start cutting discretionary spending not program by program but department by department before you even consider cutting mandatory entitlement spending such as Social Security, Medicare and Medicaid.

Milton Friedman on Libertarianism (Part 4 of 4)

Time to permanently shut down and abolish eleven Federal Departments including:

1. Department of Agriculture

2. Department of Commerce

3. Deparment of Education

4. Department of Energy

5. Department of Health and Human Resources

6. Department of Homeland Security

7. Department of Housing and Urban Development

8. Department of Labor

9. Department of Interior

10. Department of Transportation

11. Department of Veteran Affairs.

Second replace all Federal taxes with the FairTax:

The FairTax: It’s Time

Third, balance the budget and pass a balance budget rule and Constitutional Amendment that limits annual Federal Government spending to 80% of prior FairTax revenue collections with the remaining 20% used to pay down the national debt.

Fourth, reform Social Security and Medicare so the individual owns and controls his or her  Social Security account and health insurance plan not the Federal Government.

Time is running out.

The rate of interest on Federal Treasury securities will in the next three years rise back to its historical average of about 6% as a direct result of rising inflation.

Once this happens the interest on the national debt will limit Federal Government spending.

Either Senator Coburn or Representative Paul must soon decide whether they will run for President.

I encourage both to seriously consider running.

 

Background Articles and Videos

Deficits, Debts and Unfunded Liabilities: The Consequences of Excessive Government Spending

Quantitative Easing Explained

Peter Schiff – How the Government can Avoid Default 1-3-2011

Peter Schiff Video Blog – March 4, 2011

Peter Schiff and Marc Faber on CNBC 8/23/10: Time to Flee U.S. Treasuries!

 

Peter Schiff Video Blog – March 15, 2011

 

PIMCO Dumps US Treasuries

Pimco’s Bill Gross on Bloomberg Television

 

 

Billions in Bloat Uncovered in Beltway

“…A report from the nonpartisan GAO, to be released Tuesday, compiles a list of redundant and potentially ineffective federal programs, and it could serve as a template for lawmakers in both parties as they move to cut federal spending and consolidate programs to reduce the deficit. Sen. Tom Coburn (R., Okla.), who pushed for the report, estimated it identifies between $100 billion and $200 billion in duplicative spending. The GAO didn’t put a specific figure on the spending overlap. …”

http://online.wsj.com/article/SB10001424052748703749504576172942399165436.html?mod=WSJ_hp_LEFTTopStories

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Obama’s Trick On The American People: Health Insurance Reform=Huge Hikes in Taxes and Premiums for Health Insurance and Massive Medicare Funding and Payment Reimbursement Cuts–Congressional Coercion–It’s Alive!

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