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Archive for August 15th, 2016

Trickle-Down Debt, Failure

Monday August 15th, 2016   •   Posted by K. Lloyd Billingsley at 9:38am PDT   •   0 Comments

Politicians may bill it as “free”, but government monopoly in education is big business that racks up considerable public debt. As Dan Walters of the Sacramento Bee observes, in recent decades California has issued $45 billion in school bonds now being repaid at a cost of nearly $3 billion a year. With interest the…
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Weaponizing Ukraine’s National Debt

Monday August 15th, 2016   •   Posted by Craig Eyermann at 6:21am PDT   •   0 Comments

As much as we focus on the U.S. national debt, there’s a lot that we can learn from other governments whose national debts have surpassed their people’s ability to even hope to pay back their nation’s creditors. A very strong argument to be made that the nation with the worst problem arising from its…
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