Tag Archives: Bankruptcy

GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

This week’s accumulation: Afghanistan: The 4000 troop increase is resisted as too few?  (Article) (Shouldn’t the money be found before the troops? And why are U.S. troops there, anyway?) Washington wants chaos in the Middle East? (Article) Illinois: State in … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

Qatar, cut from trade and diplomacy by its neighbors led by the Saudis over allegations of terrorism support and a too friendly posture toward Iran and notably not accused if its plan to compete with established energy powers using its … Continue reading

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Trump or Clinton: The U.S. Taxpayer is Holding the Bag …

Government bookkeeping is, like most else controlled by politicians, misleading. Presently, it says that the government’s debt (to be repaid by taxpayers) stands around $19 trillion. It also says that the U.S. economy is growing, if slowly, thanks to government … Continue reading

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Is Thirsty Detroit An American Prophecy?

Detroit was the nation’s third largest, calling itself the “motor city” after its primary economic activity: The world-leading U.S. auto industry. But now, GM makes more cars in China, Chrysler is a department of Fiat and world leaders lie Toyota … Continue reading

Posted in Deficits, Federal Reserve, Fiscal/Financial Responsibility | Tagged , , | 2 Comments

America’s Streets, Once Paved With Gold. Are Now Paved With Debt …

$152,000 we noted recently, is the average U.S. taxpayer’s portion of the nation’s debt. Plus, of course, interest, of course. We note as well, the ongoing decrease in the percentage of the population still working. Early last century, folk flocked … Continue reading

Posted in Debt, Deficits, Government, Politics | Tagged , , , | 2 Comments

The New Meaning of: “Responsibility”

A French court has just sentenced a psychiatrist to a year in jail and 8,500 Euros damages for manslaughter because his patient of four years hacked an old man to death. The patient, while his doctor was being locked up, went … Continue reading

Posted in Abortion, Affirmative Action, Affordable Care Act, Class Warfare, Culture, Healthcare, Overspending, Taxes, Unions | Tagged , , , | 8 Comments

Can Somebody Clone Scott Walker?

Few are now unaware of our profligate federal government’s debts and continued spending of borrowed and fiat money. All who bother to consider this, know an end approaches; even governments can’t run on the something for nothing principle indefinitely. But … Continue reading

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