Yesterday a friend came to me for some financial advice. By way of background, he’s been having some financial problems lately because he just can’t control his family’s budget. He and his wife make about $100,000 per year, but they’ve been overspending for many years now. They have about $519,000 in total debt (credit card bills, car [...]

I came across these informative videos on taxes and spending from reason.com. It is rather amazing to see this information presented visually. Taxes: Spending:

In his 1996 State of the Union address, President Clinton famously declared that “the era of big government is over.” Last night, in his first address to Congress (not technically a State of the Union, but close enough for government work), President Obama made it clear that the rumors of Big Government’s death have been [...]