Tax and Spend

The history and irresponsibility behind Argentina's third default in 28 years. Default is the best thing for the Argentine people. More.

So much for austerity in Europe. 

"Steve Hanke points out that the anti-austerity faction in the EU led by Italy,  France, and Spain is hypocritical when it claims  that “there is nothing left to cut” in their budgets.  Senior civil servants in Italy get paid over 12 times the national average salary.  In France the ratio of senior civil service pay to the national average salary  is over 6 and in Spain about 4."

No surprise.

Chris Christie is informing retired government workers the state has no choice but to default on their benefits. It's going to happen everywhere.

Rapidly increasing government subsidies to the movie industry ensure the industry produces propaganda for the government.