Search Query: medicare

Search Results

You searched for "medicare" and here's what we found ...

Five Trillion Dollars Is Not Enough

by
The federal government seized from the American people almost $5 trillion ($4.896119 trillion) in fiscal year 2022 (Oct. 1, 2021 through Sept. 30, 2022), according to The Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS), published by the Bureau of the Fiscal Service. But this was still not enough to quench Uncle Sam’s huge appetite for spending money. During the same period of time, the federal government spent $6.271508 trillion, resulting in a budget deficit of $1.375389 trillion and a national debt that increased to over $31 trillion. The growth in federal spending over the past 20 years is mind-boggling considering that the federal budget did not even reach $2 trillion until fiscal year 2002. Where did all that the money come from that Congress burned through in just a year? It came from eight sources: individual income tax, corporate income tax, social insurance and retirement receipts (employment and general retirement, unemployment insurance, ...

The GOP Had It Coming

by
REMINDER: Join us this evening (Monday, November 14) for the penultimate (i.e., second to the last) presentation in our online Zoom conference "End Inflation and the Fed." Our speaker this evening will be the great Ron Paul, who electrified people on the right, left, and libertarian in his presidential races with his call to "End the Fed." This is one presentation on what the Federal Reserve has done to destroy our money and our liberty that you don't want to miss. There will be a Q&A session following Ron's talk, which undoubtedly will be a lively one. Register here to receive a Zoom link via email. Price: FREE. Date and time: Today, Monday, November 14, at 7 p.m. Eastern time. ******* Republicans are licking their wounds over the fact that the Big Red Wave failed to materialize in the mid-term elections. The problem, however, is that they absolutely refuse to take personal responsibility for their debacle.  Republicans have long emphasized ...

The Inanity of the Foreign Agents Registration Act

by
Last week, Thomas Barrack, an old friend of former President Donald Trump, was acquitted by a jury in a U.S. District Court in Brooklyn. The charge? The feds were accusing Barrack of having failed to register as a foreign agent of the United Arab Emirates.  I don’t know if the jury’s verdict was based on insufficient evidence of guilt or whether it was simply based on nullification of a ridiculous law. Either way, the Justice Department was left with a considerable amount of egg on its face, especially since the prosecution had all the earmarks of the Justice Department's personal vendetta against Trump. There are lots of ridiculous laws on the books. But if one were to make a list, the Foreign Agents Registration Act would have to be included in the top 10. The law was enacted in 1938 owing to increasing paranoia over the possibility that the Nazi regime might influence the members of Congress ...

Distractions, Scapegoats, and Rot

by
Out-of-control federal spending. Decades-long monetary debasement. A never-ending violent and corrupt drug war. A perpetual deadly and destructive war on terrorism. A mind-destroying educational system. Bankrupt socialist welfare programs, including Social Security and Medicare. A highly regulated and controlled society. Vicious trade wars. A decades-old immigration crisis. Invasions and occupations. Coups. Torture. Indefinite detention. Fomentation of foreign crises ...