Category Archives: Overspending

Gleanings From The Passing Scene…(Politically Uncorrected)

Our weekly accumulation of likely and unlikely reality presented for your evaluation, confusion and amusement or just so you can feel that your were right all along… The ‘Knockout Game’ nailed a cyclist. More in Philadelphia and Washington, D.C. How … Continue reading

Posted in Deficits, Democrats, Economics, Energy, Overspending, Republicans | Tagged , , , , | 8 Comments

Did You Know The National Debt Limit Has Been Suspended?

The U.S. national debt doesn’t matter; we owe it to ourselves. Our politicians appear to believe that, based on performance; is it true? Of course not, silly! Our government owes it, not we, and a chunk is owed to China, … Continue reading

Posted in Debt, Deficits, Democrats, Overspending, Republicans | Tagged , , , , , | 6 Comments

Yellen At The Fed’s Controls: Is Janet Checked Out On Helicopters?

Federal Reserve Chairman Ben Bernanke was nicknamed “Helicopter Benjy” after a speech in which he mentioned dumping money into the economy from helicopters. Years later as Fed Chairman, he has done it instead by buying Treasury and mortgage bonds (i.e. … Continue reading

Posted in Debt, Deficits, Fiscal/Financial Responsibility, Inflation, Overspending | Tagged , , , , , , | 2 Comments

A Most Remarkable Coincidence? (Can A Minor Sport Channel A Major Government?)

Before TV popularized it, Figure Skating was, along with tennis, the playground of the upper economic strata in America, the forks who belonged to country clubs… a few of which owned ice rinks. Daughters who skated also played tennis and … Continue reading

Posted in Congress, Corruption, Culture, Figure Skating, Fiscal/Financial Responsibility, Overspending, Sport | Tagged , , , , , , | 1 Comment

Ben Bernanke, Wile E. Coyote and the Financial Cliff…

Anyone sharing a belief that government always ‘cures’ the ills it causes by applying more of what caused them, will be unsurprised by Fed Chair Ben Bernanke’s retreat from ‘tapering,’ the current euphemism for slowing the Fed’s manufacture of money … Continue reading

Posted in Bank Failure, Debt, Fiscal/Financial Responsibility, Inflation, Overspending | Tagged , , , , , | Leave a comment

Gleanings From The Passing Scene… (Politically Uncorrected)

Food Stamps users have burgeoned to some 47 million people. Now, we know why. It’s not only the recession (now called: ‘recovery’) it’s also that the government has reduced the requirements for applicants and increased the amounts of the benefit … Continue reading

Posted in Affordable Care Act, Blacks, Economics, Education, Healthcare, Illegal Immigration, Overspending, Politics | Tagged , , , , , , , , | Leave a comment

How Spending Continues But We Miraculously Don’t Owe Any More Money

The U.S. Treasury spends money and receives it every working day. It has been spending more than it receives for years and those deficits provide our ever-growing National Debt for politicians to argue over and taxpayers to pay, with interest. … Continue reading

Posted in Debt, Economics, Fiscal/Financial Responsibility, Jobs, Overspending | Tagged , , , | Leave a comment