WASHINGTON, D.C. (GlossyNews) — The national debt in the United States has reached a record $10 trillion, with the deficit continuing to mount as efforts to stimulate the economy out of recession grow. To pay off this enormous amount, the federal government has embarked on an innovative overseas real estate auction. “It’s true,” said embattled Treasury Secretary Timothy Geithner. “We’re selling individual states to foreign debtors.” Read the full story

Milton Friedman is a canonized saint (Nobel Prize) of modern economics, continuing a line laissez-faire, market-driven economy first started by Adam Smith. And culturally, America revered Friedman as a freedom fighter against the Soviet totalitarian expansions during the Cold War. Friedman’s theory favors minimum government (Libertarian), especially minimum, government intervention on national markets. Trusting solely on the active, free-market forces, all exchange of goods will (in theory) be taken care of by individual understanding of supply-and-demand. Read the full story