World’s Strangest

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Amtrak’s $16 Burger

You can get $16 hamburgers at fancy restaurants, but it takes Big Government’s Amtrak to sell hamburgers that cost that much AND incur a loss of $834 million over the past 10 years. The secret? Amtrak sells microwaved burgers for $9.50, but [...]

What If The US Government Paid Off Its Entire Debt?

The idea might seem laughable now, but 11 years ago, when the US was running a budget surplus, the government did a secret study to find out what would happen if it paid off its entire debt. The study’s conclusion? Paying off [...]

11 Other Big Events That Also Occurred on September 11th

Even before the tragic attacks of 2001, some pretty noteworthy events had occurred on September 11th. While our brains will forever link the calendar date to the 2001 attacks – and rightly so – let’s take a look at some other notable September 11th happenings from previous years. 1297 William Wallace defeats forces of the English crown [...]

That Time in 1979 When the U.S. Government Defaulted

© Kristoffer Tripplaar/Pool/Corbis As the Congressional debate over the debt ceiling rages on this week, more analysts are raising the question of what would happen if the country defaults on U.S. Treasury bonds. For finance types, the notion of the U.S. government defaulting is nearly unthinkable; Treasury securities are considered to be effectively risk-free. Murmurs that [...]