Tag Archives: Bankruptcy

GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

Posted on June 24, 2017 by

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 →

Posted in Economics, Goverrnment, Politics, Uncategorized | Tagged , , , , , | Leave a comment

GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

Posted on June 17, 2017 by

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 →

Posted in Economics, Goverrnment, Politics, Uncategorized | Tagged , , , , , , , | Leave a comment

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

Posted on November 15, 2016 by

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 →

Posted in Economics, Goverrnment, Politics, Uncategorized | Tagged , , , , | 1 Comment

Is Thirsty Detroit An American Prophecy?

Posted on July 29, 2014 by

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 …

Posted on April 8, 2014 by

$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”

Posted on December 20, 2012 by

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?

Posted on June 27, 2012 by

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 →

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