The Washington Post reports that the National Commission on Fiscal Responsibility and Reform has come up with a plan to address the nation’s fiscal house of cards. The major points of the plan include: Deficit reductions by nearly $4 trillion over the next decade Large reductions in discretionary spending Tax code reform He hits…
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In shocking new disclosures, the Washington Post has reported in an article, “Fed aid in financial crisis went beyond U.S. banks to industry, foreign firms,” that in 2008 and 2009 the Federal Reserve created trillions of dollars in corporate welfare as secret bailouts “not just to Wall Street but also to motorcycle makers, telecom…
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