The Debt Ceiling

Within the next few days, our government is going to run out of money. I will give you a moment to frantically run around and panic.


OK welcome back... hopefully you didn't smash your monitor or really do something you will regret later.


So now that we have calmed down, lets examine the debt ceiling and discuss some possible solutions to this problem.



The Debt Ceiling, Explained: Planet Money
Debt Ceiling: Battle Heats Up
Treasury to tap Pensions to help fund government
Debt Ceiling

So is the debt ceiling something we should really be worrying about? What would happen if the government does default on its loans? How would you go about fixing this potentially devastating problem. Discuss below.

Keynes vs. Hayek: The Second Bout

The Keynesian vs. Classical debate still rages today as the economy faces unemployment and governments around the country face rising debts. Read the article to help you decide whose corner you are in. http://www.soundmoneyproject.org/?p=2085 http://online.wsj.com/article/SB10001424052748704738404575347300609199056.html

Also, be sure to check out the rap video posted below.

Keynes vs. Hayek: Fear the Book and Bust

Keynes vs. Hayek: Round 2... Fight of the Century

Cheaters never win... except on Wall Street

In a recent survey, 9 out of every 10 people have admitted to cheating in school, at work, or in some other aspect of life at least once in their lives. Pretty scary to think about, isn't it?

The truth is that the above statistic is completely made up... I cheated by citing some made up survey in order to catch your attention. I bet it worked though.

So the question is this: just how wide spread is cheating in our society? After reading the following article from the NY Times, I would like you to answer the questions.


A Monopoly on Cheating

1. Cheating is part of the bedrock of human society. Explain whether you agree or disagree.
2. How can driving on the freeway demonstrate the strong temptation to cheat.
3. Do you agree that cheaters never win and winners never cheat? Explain.