All Posts Tagged With: "federal spending"

The situation is simple. The feds are spending too much. Every half- wit and democrat can see that they can’t go on like this.

But they couldn’t agree on how to cut back. So, they ducked. They put the matter to a “super-committee.”

November 23rd, 2011 | Bill Bonner | 0 comments | Continued

Let’s see. We’ll make some guesstimates. There are about 100 million families in the US. Of those, about half are net taxpayers. And the top 10% are said to own half the wealth in the US and already pay 66% of its total taxes. Looks like they’re going to get whacked again. Each of the ‘rich’ families will pay nearly $200,000 more in taxes.

February 4th, 2010 | Bill Bonner | 13 comments | Continued

“Ford chief doubts a return to old times,” says the Financial Times. This week, the annual Detroit Auto show is underway. America’s automakers are sitting at the wheels of their new electric/hybrid cars…and driving into the future. It used to be said, “What was good for GM was good for America.” Now, what is bad for GM is also bad for America…

January 19th, 2009 | Bill Bonner | 0 comments | Continued