Trace: Welcome back to the 65th episode of the RunToGold.com podcast. This will be an interview with John Rubino. Welcome John!
John: Hey Trace! How are you?
Trace: Great, great. You’re the author of The Collapse of the Dollar.
John: Co-author.
Trace: Yeah, co-author with James Turk, the founder of Gold Money, and then you also run your own [...]

The Federal Government is running massive budget deficits which is creating a massive supply of Treasuries.  But there is no demand and so the Federal Reserve is monetizing the debt.  But these colored coupons merely amount to certificates of confiscation.  Where will Congress find the capital to buy Treasuries?  Most likely, your retirement account and screwing [...]

Here’s a short brief (link) by The Economist on effective tax rates around the world. At a stunning 55 percent effective tax rate on annual gross earning of $100,000, Slovenia is the most heavily taxed country on earth followed by India, Italy, Sweden and Argentina.

Source: The Economist (link)

The Social Security system is approaching a budgetary crisis point. Political rhetoric aside, the Social Security Administration (SSA) states in its latest strategic plan that, without a fundamental change, by 2017 the amount of tax revenue collected will not cover the amount of benefits paid.
When that happens, the SSA will begin cashing in the bonds [...]

The federal government’s debt will soon reach $10 trillion. That’s about $130,000 per family of four in the United States.
But if you think that’s bad, then consider the real national debt. After all, the phony $9+ trillion “debt” does not include any of the following:

The Social Security deficit
The Medicare budget shortfall
The new Medicare Prescription Drug [...]

Since I wrote my most recent article about the economic and fiscal views of the “third-party” presidential candidates – Ralph Nader, Cynthia McKinney, Chuck Baldwin, and Bob Barr – I thought I’d use my blog to highlight a U.S. Senate candidate with an Austrian economics-friendly platform. His name is Scotty Boman, and he’s a Libertarian [...]