Accounting Model Creates Systemic Risks
6/8/2009
A blog written by IFTA's founder & CEO appears on Assoc. of Gov't Accounting website. |
Truth in Accounting on Champion News
5/15/2009
THIS WEEK'S SHOW
Sheila Weinberg
Sunday, May 17th - 8AM - 9AM
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Where We Are Headed?
5/11/2009
Two Possible Nightmare Scenarios. Please let us know what you think. |
The Truth About Balanced Budgets: A Fifty State Study
4/27/2009
How can your state be balancing its budget, but going further into debt? |
Federal spending to increase by $1 Trillion in 2009.
4/17/2009
Does this scare you? |
In the Last Six Months the Feds Borrowed $3000 On Your Behalf
4/15/2009
That's for each man, woman and child in the U.S. |
Donation Online
4/14/2009
Why don't we receive donations online? |
Feds Claim Social Security and Medicare Not Liabilities
4/13/2009
Federal Accounting Standards-Setting Process: Stacked Against the Public |
Where Are We Now?
4/9/2009
It isn't a pretty picture and it is only getting worse. |
Would Gov. Quinn Budget Be Truly Balanced?
3/18/2009
The Governor continues using political math to balance the budget |
Official Debt Reaches $11 Trillion
3/17/2009
Treasury Puts the Pedal to the Metal on Borrowing |
What's A Trillion?
3/5/2009
How do we explain this massive amount to our readers? Please submit your ideas. |
Transit System In Pension Trouble?
3/4/2009
Bloomberg reports Chicago's transit system is in trouble and speculates it will foment another trillion dollar bailout. |
Up, Up and Away!
2/24/2009
Or is that Down, Down We Go?
Daily Visitors to Truth in 2008 are increasing at an astronomical rate. Unfortunately, our federal debt is also increasing at an astronomical rate.
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Gov. Quinn Needs Help
1/30/2009
The Institute for Truth in Accounting is Here to Help Get Us Out of Our $100 Billion Hole |
What's A Trillion?
1/9/2009
Hat Tip to Lt. Col. Larry Felts USAF (Ret.) |
Mark-to-Market
11/25/2008
An article supporting Mark-to-Market accounting from City Journal. |
A trillion here, a trillion there
11/11/2008
The federal government is borrowing at the rate of $500 billion a month. Are we too big to fail? |
U.S. Reaching New Heights
10/15/2008
Deficit reaches $454.8 billion.
True Debt reaches $57 trillion.
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Hat Tip to vloggerheads.com
10/14/2008
The Institute offers any blogger or web site administrator the free use of our debt counter. Here's one site which does. |
Mark-to-Market
10/5/2008
Many observers of the financial crisis have suggested suspending mark-to-market accounting rules because they have exacerbated the situation, requiring a bigger bail out. Here's a well-reasoned, contrary view. |
IOUSA Video Clips
10/4/2008
If you haven't seen the movie, here's the next best thing. |
Financial Crisis - - - You Ain't Seen Nothing Yet
10/1/2008
By Sheila Weinberg. Our country is heading toward a super-sub-prime crisis. It may be just a matter of time before the federal government hits fiscal foreclosure. |
The Myth of the Self Fulfillng Prophecy
9/30/2008
Wise observations on the curent economic conditions. |
Is America Going Broke?
9/29/2008
Now that the federal government has bailed out Fannie and Freddie, who's going to bail out the
federal government?
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Reader's Comments
9/24/2008
Here's the letter Donna Rook of Chicago sent to her Representative and Senators. |
More Questions
9/24/2008
Here are more IFTA questions about the impending bail out. |
Uncertainty and the Markets
9/23/2008
Some questions about the bailout that occur to IFTA members |
A Question From India
9/22/2008
In the last generation, the Indian economy has remarkably benefitted from "de-socializing". Some say this was a result of Indians' exposure to the U.S. economy's vitality. Now they wonder where we are headed. |
Feds Shirking Reporting Duty?
9/11/2008
When I first started to investigate federal budgeting and accounting issues I was shocked to discover that the government did not prepare consolidated financial statements until 1995. Now there is a discussion going on.... |
Chuck Norris Knows The IFTA
9/10/2008
"Black Belt Patriot" author and actor Chuck Norris mentions how he learned about the real deficit. |
Question Time
8/29/2008
Ben Alexander asks:Getting to a more personal level with the issues, what are the candidates' positions on the alternative minimum tax? |
IOUSA Review
8/25/2008
Kudos to the Peterson/Walker gang for the release of I.O.U.S.A. It is great to see I.O.U.S.A. out before the election. |
IOUSA Trailer
7/14/2008
IOUSA the movie premieres in August. See the trailer now! |
TRUTH IN 2008 PLEDGE
7/10/2008
Here is something YOU can do to start to bring the truth about our true financial condition to the candidates. |
Studying All 50 States' Budgeting Tricks
7/8/2008
How can states balance their budgets and run deficits at the same time?---An Institute study. |
Running Deficits While Your Budgets Are Balanced
5/19/2008
How do state governments claim their budgets are balanced and run hundreds of millions of dollars of deficits at the same time? |
How much will the candidates' plans really cost?
4/27/2008
Voters need to be given an honest calculation of how much the campaign promises will increase annual deficits. |
Sheila's Guest Spot on AGA Blog
4/14/2008
Wake Up Accountants! - What Can You Do About Our $53 Trillion Hole |
AWOL in Fiscal Planning
3/17/2008
Truth in Accounting's response to Steve Chapman's commentary posted at: wwww.chicagotribune.com |
A Salute to CG David Walker
3/12/2008
The Institute for Truth in Accounting commends Comptroller General David Walker on his past and future public service. He bravely went where few, if any, government officials have gone before--he told the truth to the American public. |
Washington's Truth Teller Resigns
2/15/2008
Today Comptroller General David Walker announced his retirement as of March 12. |
WHAT YOU CAN DO
1/26/2008
ASK THE CANDIDATES QUESTIONS
Here are two key questions to ask:
***What are you going to do about our $55 trillion dollar debt?***With what money will you use to pay for your campaign promises?
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Dependency on Foreigners Could Lead to Disaster
1/25/2008
Our dependency on foreign capital puts our country at the mercy of countries that may not have our best interest at heart. |
Nobody Cares About Failed Audits
1/16/2008
What if Wal-Mart, General Motors, Capital One, Waste Management, Coca Cola and Sprint flunked audits of their financial statements? |
Truth in 2008 Challenges Presidential Candidates
1/5/2008
I say the best change would be for the government to stop misleading budget practices. |
Bringing Truth to 2008 Campaigns
12/6/2007
I am pleased to announce that the launch of a campaign challenging presidential candidates to address one of our nation's most pressing issues: our skyrocketing national debt. |
Governmental Budgeting 1.1
11/23/2007
It all depends on how you count. The U.S. Treasury recently announced a budget deficit of $163 billion for the fiscal year ending Sept. 30, 2007. But how did they determine that amount? |
Dancing Around the L Word
11/2/2007
Federal Accounting Standards Advisory Board chair Tom Allen stated, |
Hynes Tells the Truth
8/5/2007
Finally the truth is being told by an Illinois constitutional officer. According to various news stories Comptroller Daniel Hynes, the state's chief financial officer, stated that the last four state budgets have been billions of dollars out-of-balanced. |
