The Scott Ross: Your Country’s Finances Are Exactly Like Yours

Many scoff at the conservative analogy that the American government should manage its finances like a household, but little do they realize the idea doesn’t strengthen conservativism, it weakens it. After a fiscal cliff deal that only increased taxes, many right-leaning politicians are preparing for a fight in order to cut spending. To bring the ...

World Headlines Review: Debt Ceiling Debate is Moot: USG Owes More Dollars than in Existence

Image by Images_of_Money The current debate in Washington as to whether or not and under what conditions to raise the debt-ceiling has for the past week dominated global news coverage and the public mind.  Absent from the debate and mainstream coverage is a discussion of the debt limit in the context of the American monetary ...