IMF Study: Under Obama U.S. Has Become One of Developed World’s Most ‘Profligate’ Nations

“Power tends to corrupt, and absolute power corrupts absolutely.” Lord Acton wrote those famous words after the First Vatican Council moved to promulgate the doctrine of papal infallibility – the Catholic dogma which states that the Pope is preserved from the possibility of error when acting as the ruling agent in determining the formal beliefs…
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IMF Involvement in Euro Bailout Spells Heavy Costs for US Taxpayers

President Obama is known for being generous (with other people’s money). It’s little wonder then that he went all out on a gift for Europe. No doubt, it was a struggle to pick something out. After all, what do you get for a continent that needs everything? A bottle of wine? No, they’re pretty good…
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