“Free Lunch” By David Cay Johnston

David Cay Johnston has written a book on a very important topic, the corporate welfare that occurs on a massive scale. Unfortunately, Mr. Johnston takes a very important topic and shoots it so full of populist sensationalism that it is hard to take him seriously. One of the main building blocks of his hype . . . → Read More: “Free Lunch” By David Cay Johnston

Who Will Bail Out the U.S. Government?

The U.S. national debt now stands at over $10 trillion. If Social Security and Medicare liabilities were accounted for (as they would have to be if the U.S. Government were a private corporation), then the real debt would be in excess of $100 trillion. And yet, in response to sweeping economic failures—caused by the . . . → Read More: Who Will Bail Out the U.S. Government?