Tag Archives: Bankruptcy

What if the government fails?

With all the debate over healthcare, one question that I have not found anyone asking or answering is “What happens if the government fails?” I’m not talking about failing to deliver on its promises on health care, I’m talking about … Continue reading

Posted in Economy, Government, History, Nations, Politics, Spending, United States, World Watch | Tagged , , , , , , , , , | 1 Comment

Change nobody wants to believe

Worldview Item of the Day

No one wants to believe it will happen, but our governments, at least at the federal and state levels are going to go bankrupt. While people try to deny this is where the United States and the socialist governments of the industrialized world are headed, the evidence is already clear.

One glaring example of this evidence is the rapidly approaching insolvency of Social Security and Medicare. These two programs, upon which millions upon millions of Americans have chosen to rely, are going to cease to function as they were promised, very likely within the next decade. This cessation will result in benefit cuts to current recipients and benefit elimination for people not yet receiving benefits. […] Continue reading

Posted in Economy, Entities, Government, Nations, News, Preparedness, Quid Facis, Spending, United States, West, the, World Watch, Worldview Item of the Day | Tagged , , , , | 2 Comments

So let me get this straight…

For months now, General Motors has been spending billions in taxpayer money to continue to ineffeciently manufacture low-quality products that no one wants to buy, and now, after all of this has occured, the government is goint to force GM into bankruptcy anyway? Continue reading

Posted in Economy, Government, News, Politics, Spending | Tagged , , , , | 4 Comments