Tag Archives: Pensions

GLEANINGS FROM THE PASSING SCENE …(Politically Uncorrected)

From the week: Japan: Government will stimulate the struggling economy – again (Article) (Spend itself rich) The culture: British soccer fan arrested for “racist gestures” (Report) The economy: Phony, pumped-up prosperity inflated by the Federal Reserve (Article) China: Espionage update … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

Nibblings of news: Vigilante justice holds sway as 97 men and 1 woman are taken down by unproven media sex allegations? (Report) (With more to come, right?) China: A report on one Chinese government assimilation program for a non-Chinese minority … 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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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

Our Saturday sample of actual and imitation reality: China too has built economic growth on debt that it cannot repay, a foundation of economic sand. 25 Hillary statements to big donors that contradict her statements in public. (Wikileaks) Trumps’ crude … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

News and information that caught our notice: Fed Homeland Security continued to push states toward inviting it into l state election processing in the name of security.( Josef Stalin was all for that idea.) The first domino … Britain starts … Continue reading

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GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

Your weekly sampler: Iraq: Is the “U.S. created system” collapsing?  (More like: Will Iran or the Saudis have an ally?) The Obama EPA global warming solution will cost the poorest Americans heavily (Report). Pope Francis abandoned Christian Syrian refugees in … Continue reading

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What Has the Federal Reserve Done For Us Lately?

The Democrats and Republicans call their free campaign pitches “debates” these days; if they were labeled honestly, who would pay attention? Tuesday night, the Democrats were in full campaign mode, promoting free goodies in all directions. Free to the recipients, … Continue reading

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Public Pensions and Public Unions Are Public Corruption (And Financial Poison)

American government pension funds are short what they owe government workers by some $2 trillion. That does not show up in the national debt, of which every taxpayer recently owed some $150,000 and counting, plus interest. Either retiring government workers … Continue reading

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A Tale of Two Cities…

It was the best of times and it was the worst of times in Dickens’ novel; but only the second choice applies today to Stockton or Detroit. Stockton is the first major California city to declare bankruptcy; Detroit has fallen from third … Continue reading

Posted in Corruption, Debt, Democrats, Finance, Fiscal/Financial Responsibility, Hypocrisy, Overspending, Politics, Unions | Tagged , , , , , | Leave a comment

Helicopter Ben Drops Another Not-So-Smart Bomb…

‘Helicopter Ben’ Bernanke’s Fed has committed to flooding real estate with an ocean of (legally) counterfeited money by ‘loaning’ it to Fannie Mae and Freddie Mac, the governments’ real estate mortgage cartel leaders. The cartel will thus supply the providers … Continue reading

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