by Dan Mitchell | Dec 7, 2011 | Big Government, Blogs, Economics, Government Spending, Government Waste
Last month, I shared a video about bloated bureaucracy from a group called Government Gone Wild. That generated a big response, so here’s another video from the same group, only this one looks at egregious examples of government waste. If you like videos on wasteful...
by Dan Mitchell | Nov 30, 2011 | Bailouts, Big Government, Blogs, Europe, Government Spending
In hopes of stopping investor panic about Europe’s fiscal crisis, the world’s major central banks just announced that they will do whatever is needed to ensure financial markets don’t freeze up. This could be an appropriate and relatively benign use of the...
by Dan Mitchell | Nov 29, 2011 | Big Government, Blogs, Government Spending
This narrator probably won’t get rich, like the guy who did the “Girls Gone Wild” videos, but this is the second-best video I’ve ever seen on the bloated and overpaid government workforce. I especially like how he understands that the problem is the size of...
by Dan Mitchell | Nov 27, 2011 | Big Government, Blogs, Economics, Government Spending
bout a year ago, I spoke at a conference in Europe that attracted a lot of very rich people from all over the continent, as well as a lot of people who manage money for high-net-worth individuals. What made this conference remarkable was not the presentations, though...
by Dan Mitchell | Nov 25, 2011 | Bailouts, Big Government, Blogs, Economics, Government Spending
The economic and fiscal crisis in Europe looks worse every day as a growing number of international investors decide that nations such as Greece, Portugal, Italy, and Spain can’t be trusted. As a result, interest rates on government debt are hitting record levels. Not...