How the Federal Reserve Backstops the Biggest Government in History
By: Mike Maharrey The Federal Reserve is the engine that drives the biggest government in history. Without the central bank’s machinations, the U.S. government wouldn’t be able to borrow and spend ...
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A $31 Trillion National Debt Matters Much More Than Most Think
By: Mike Maharrey On Oct. 3, 2022, the U.S. national debt eclipsed $31 trillion for the first time in history. When you factor in unfunded liabilities in Medicare and Social Security, the debt ...
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Partisan Hackery Blinds People to the Real Problem
Federal Reserve Chairman Jerome Powell recently went to Capitol Hill and testified before a House committee. The questions asked by Republicans and Democrats along with their accompanying spin once again ...
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Stimulus 3.0: Who’s Getting Paid and Who’s Paying Up?
By: Mike Maharrey On Wednesday, the U.S. House gave final approval to coronavirus stimulus bill 3.0. For those keeping score at home, that brings total stimulus spending approved during the pandemic ...
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The Federal Reserve: The Engine that Powers the Most Powerful Government in History
By: Mike Maharrey The Federal Reserve serves as the engine that makes all of the U.S. government’s unconstitutional spending possible. Without the Fed, the entire system would collapse. Case in ...
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Government Help: Breaking Your Legs and Giving You a Wheelchair
By: Mike Maharrey Remember all of the government bailouts and stimulus in response to the 2008 financial crisis? Conservatives threw a fit. The Tea Party movement grew out of worry ...
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While You Were Obsessing Over Impeachment
By: Mike Maharrey Well, they did it! The House impeachment hearings were little more than political theater — a partisan fistfight with the majority party coming out the “winner.” In ...
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The Debt Elevator Keeps Going Up and the GOP Pushed the Buttons
By: Mike Maharrey Remember when Republicans told us deficits mattered? Good times. But those days are long gone. The U.S. government continues to spend money at a staggering pace. The ...
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