Tag Archives: excessive public debt

Illinois, Rivers of Debt

By thy rivers of debt gently flowing, Illinois, Illinois.                                                                O’er thy prairies of corruption growing, Illinois, Illinois.                                                   (source: http://www.lyricsondemand.com/miscellaneouslyrics/statesongslyrics/illinoisstatesonglyrics.html) The Debt Bomb That Taxpayers Won’t See Coming by STEVEN MALANGA Earlier this month, the Securities and Exchange Commission charged Illinois … Continue reading

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Is America Becoming an Anti-Risk Welfare State?

From an article by VITO J. RACANELLI in the latest issue of Barron’s, I extract the following truths. “… Western civilization’s rise to global dominance over the past 500 years was due mainly to six killer apps, as he [Niall Ferguson, … Continue reading

Posted in Death of a Nation, Economics, Global Dominance, Liberalism, Progressives, regulation, Shrink the Size of Government, Socialism, welfare state, Western Civilization | Tagged , , , , , , , , | Leave a comment