Mike Norman


Joseph M. Firestone's picture

An Imminent Spending Blitz (?) and the Debt Ceiling

About Two and a half months ago, Mike Norman pointed out that when Federal spending and tax collections in fiscal 2012 were compared with those for the same calendar date in 2011, data from the Daily Treasury Statements (DTS) showed that 2012 Federal spending was lagging more »

More »»


Joseph M. Firestone's picture

Why Do “They” Want To Limit Our Sovereignty In Our Own Currency?

One of the most emotional issues in American politics is the sovereignty of the United States itself, and its independence from foreign powers, interests, other nations and their ruling elites, and emerging globalizing elites who place their own interests against the nation interest of America and its people. more »

More »»


Joseph M. Firestone's picture

Is the Debt Held By the Public Really Debt?

A friend, Julia Williams, writes and asks:

Isn't it true that in actuality, the US doesn't, in fact "borrow'? It spends or trades? And if that is the case, doesn't that just blow the deficit hawks out of the water?

Here's my answer to her. more »

More »»


Joseph M. Firestone's picture

John T. Harvey On the Austerity War

Is the Modern Monetary Theory (MMT) approach to economics beginning to crack the MSM? more »

More »»


Joseph M. Firestone's picture

Bill Mitchell on the Austerity War

A number of people including myself have been furiously blogging for many months now on the world-wide austerity war that most Governments are fighting against the well-being of their citizens. more »

More »»


Joseph M. Firestone's picture

Memorable Modern Monetary Theory Answers To Economic Austerity

On December 30, 2010, George Jarkesy's New Captains of Industry Program broadcast an Economist Round Table called: “Economics 101 for Politicians and Policy Makers”. more »

More »»