by Dan Mitchell | Nov 21, 2011 | Bailouts, Blogs, Europe, Government Spending
As demonstrated by the new video from the Center for Freedom and Prosperity, there are five key lessons to learn from the fiscal crisis in Europe. Unfortunately, Europe’s despicable political class has not learned from their mistakes. They are not taking the simple...
by Dan Mitchell | Oct 23, 2011 | Bailouts, Big Government, Blogs, Government Spending
Almost two years ago, I wrote that bailing out Greece was misguided because it would dig the debt hole deeper. More recently, I wrote an I-told-you-so post that looked at my four original predictions and patted myself on the back for being accurate (not that it took...
by Dan Mitchell | May 31, 2011 | Bailouts, Big Government, Blogs, Government Spending
Way back in February of 2010, I wrote that a Greek bailout would be a failure. Not surprisingly, the parasites at the International Monetary Fund and the political elite from other European nations ignored my advice and gave tens of billions of dollars to Greece’s...
by Dan Mitchell | Apr 15, 2011 | Big Government, Blogs, Economics, Government Spending
By taking advantage of “must-pass” pieces of legislation, Republicans have three chances this year to restrain the burden of government. They didn’t do very well with the ‘CR fight” over appropriated spending for the rest of FY2011, which was their first...