by Dan Mitchell | Jul 15, 2011 | Big Government, Blogs, Welfare and Entitlements
In my speeches, especially when talking about the fiscal crisis in Europe (or the future fiscal crisis in America), I often warn that the welfare state reaches a point-of-no-return when the number of people riding in the wagon begins to outnumber the number of people...
by Dan Mitchell | Jul 1, 2011 | Bailouts, Blogs
In a recent post, I explained some of the reasons why Greece should not get another bailout. I cover some of the same points in this Bloomberg interview, but my favorite part is when I state that it’s time for the Greek people to realize “they can’t loot and mooch...
by Dan Mitchell | Jun 26, 2011 | Bailouts, Big Government, Blogs, Government Spending
The notion that American taxpayers are about to subsidize another Greek bailout (via the Keystone Cops at the IMF) is way beyond economically foolish. It is also morally offensive. To turn Winston Churchill’s famous quote upside down: “Never have so many paid so much...
by Dan Mitchell | Jun 19, 2011 | Big Government, Blogs
After reading a story about economic liberalization in Cuba, I wondered (somewhat tongue in cheek) whether we should trade Obama for Castro. I also blogged about the former socialist president of Brazil, who seemed to have more sense than Obama because he recognized...
by Dan Mitchell | Jun 8, 2011 | Bailouts, Big Government, Blogs, Government Spending
Here’s some completely depressing news. CNBC is reporting that President Obama is putting American taxpayers on the chopping block to bail out Greece’s corrupt politicians. But, to show he doesn’t discriminate, he also encouraged the German Chancellor to rape her...
