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Archive for September 13th, 2011

The Census Bureau has just released the 2010 poverty numbers, and the new data is terrible. There are now a record number of poor people in America, and the poverty rate has jumped to 15.1 percent. But I don’t really blame President Obama for these grim numbers. Yes, he’s increased the burden of government, which [...]

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I was wrong yesterday when I said Social Security was akin to a Ponzi scheme. It’s worse, as aptly demonstrated in this cartoon. And let’s not forget the famous Bernie Madoff cartoon. (h/t: Steve Horwitz)

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