Tag Archives: Debt

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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A Potemkin Economy, Constructed By Corrupt Politicians? Or Is That Too Hard On Those Promising Our Welfare?

Total U.S. debt averages $828,000 per family. The percentage of working Americans has fallen back to late 1070’s levels (When there were still some housewives). The average student borrower owed $35,000 after graduation with a bachelor’s degree. The average U.S. … Continue reading

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A New Presidents Old Magic Money

The now integrated world economy approaches its impending Wiley E. Coyote moment. Rich countries are insolvent, having borrowed more than can be repaid to conduct military adventures and to bribe voters. Most of the rest are also bankrupt from even … Continue reading

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Democrats and Republicans Both Lost the Election (Analysis)

Democrats are blaming the FBI chief, the Russians, utterly deplorable voters and whatever else they can find (excepting Democrats, of course) for their loss. Republicans are keeping quiet since they “won,” sort of. But they really lost when Donald Trump … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

This week’s selections: The speed of light: Not a constant after all?  Now questioned and an experiment is available. (When we can’t believe the news, why believe the physicists?) Global warming is going off script again, per NASA measurements. Global … 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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Trump: Will the Wizard’s Magic Save Us?

We, in our collective wisdom, have elected the Wizard who appeared so magically before us. But if elections can be magical, not so will be serving as President of the United States in 2017. The Wizard of Oz proved a … Continue reading

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