Treasury


Joseph M. Firestone's picture

Bernie: YOU Stop Caving to Peterson/Obama/#supercommittee

Dear Bernie,

Today, you told the “Democrats stop caving in . . . ” to the interests of corporations, the tea party, wealthy individuals, and the Republicans in Congress. The only problem with your fiery statement is that you began it by “caving in” to them yourself. more »

More »»


Joseph M. Firestone's picture

President Obama: Stop Breaking the Law; Use Coin Seigniorage

Yesterday, The United States actually ran over the debt ceiling of $14.294 Trillion by $50 Billion or so, which means that the Treasury has issued $52 Billion more in debt instruments than is allowed by Congress's debt ceiling, which, in turn, means that the cu more »

More »»


Joseph M. Firestone's picture

Bernie Says: “. . . We're Tired of Bullying . . .”

more »

More »»


Joseph M. Firestone's picture

Gallup Scores Another for the Plutocracy

I don't really mean to single out Gallup here. Well, I guess I do; but they're certainly not the only guilty party in the polling industry of doing what I'm about to rail against. Let's begin by stipulating that public polls cannot escape ideological and selection biases in how they frame questions and alternative closed end response choices. more »

More »»


Joseph M. Firestone's picture

Federal Spending Doesn't Cost Anything!

Over the past year, I've written numerous posts about fiscal sustainability, fiscal responsibility, and the various fairy tales and myths underlying what almost all of our policy makers have to say Government finance. more »

More »»