Michael Matthews

New Hampshire Threatens to Secede from the United States

January 5, 2010 at 9:00am
In response to increasing federal encroachment, a growing number of states, including New Hampshire, have passed and proposed resolutions to assert the Tenth Amendment and the Bill of Rights of the Constitution.
Read the official NH state resolution here: HCR0006

January 4, 2010 at 5:18pm
You cannot spend your way out of a recession. You cannot regulate the economy into oblivion and expect it to function. You cannot tax people and businesses to the point of near slavery and expect them to keep producing. You cannot create an abundance of money out of thin air without making all that paper worthless. The government cannot make up for rising unemployment by just hiring all the out of work people to be bureaucrats or send them unemployment checks forever. You cannot live beyond your means indefinitely. The economy must actually produce something others are willing to buy. Government growth is the opposite of all these things. Under the Obama adminsitration, our national debt has skyrocketed to unprecedented levels. Just look at how the curve is going parabolic in recent years. When I was born, the national debt was about $500 billion. It's now 24 times that amount and climbling fast. If this continues, our country will ultimatly go bankrupt. What is the breaking point? 20 trillion? 30 trillion? At what point does our ability to repay the national debt become a major problem causing foreign countries to dump the dollar and stop using it as the world's reserve currency? China cannot and will not continue to finance our debt forever. It must end sometime. I just hope its not in my lifetime. This nightmare scenario could trigger the total collapse of our financial system. This could lead us to horrific and catastrophic events similar to the collapse of Russia in the 80s & 90s.

Judge Napolitano: One Big Monster Government

December 28, 2009 at 9:00am

QUOTE OF THE WEEK

April 6, 2009 - Congressman Ron Paul
"As our mountain of debt is projected to double with the new budget, many are wondering how long our country can keep this up before serious repercussions are felt. Obviously we can't continue down this road indefinitely. Certainly, no country has ever prospered when their public sector spent half or all of the nation's GDP. Yet we are saddled with leadership that seems unwaveringly convinced that the key to prosperity is public spending. This will be exposed for the lie that it is when our creditors wake up and call in our debt."

"The temptation at that time will be for the government to simply print up dollars in the amount needed. This type of debt repudiation could signal the end of the dollar as its value sinks to zero. We are seeing all the signs that this could happen. Certainly there are no signs of the alternative, which is paying down debt and taking the path of fiscal responsibility. Tragically, it is those who save their dollars, the most prudent and responsible among us, that will be hurt most by this irresponsibility in Washington."

Reasons to Leave Massachusetts

January 12, 2010 at 9:00am
Top 10 reasons to leave Massachusetts: Why leave Massachusetts?

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