Carmen Reinhart and Kenneth Rogoff, in their best selling book, This Time Is Different, have examined sovereign debt defaults over the past eight centuries from around the globe. Based on their in depth analytical studies, the authors conclude that large scale financial crises such as 2008 inevitably lead to ruinous increases in government borrowing and […]
It’s The Debt Stupid – Economic Growth Is Suffocated By Excessive Government Borrowing
July 20, 2012 Leave a Comment
Is Achieving “The American Dream Life” Still Possible?
July 15, 2012 Leave a Comment
The wealth and living standards of the average American remains the envy of much of the world. Most of us own a home, 91% of Americans have at least one car, our work force is highly educated, household median income is $50,000 per year and only 15% of Americans live below the poverty line. Despite […]
Obama Health Plan For Dummies – A Simple One Page Explanation
July 12, 2012 1 Comment
Confused by the massive new national health plan? Perhaps this simple summary making the rounds on the internet will make it all clear to you. Trump Explains Dumbo Care Medical Insurance Let me get this straight . . .. We’re going to be “gifted” with a health care Plan we are forced to purchase and […]
Jet Blue Had A Mentally Insane Pilot Flying Their Planes
July 3, 2012 Leave a Comment
Travel can sometimes be unnerving even to seasoned travelers. We have all grown accustomed to flight delays, being groped and patted down by overzealous TSA agents, bad weather, unpalatable airline food, long lines, high prices and occasionally an insane fellow traveler who disrupts a flight. But an insane pilot at the controls of an Airbus […]
“A Perry Moment” Becomes Part Of National Lexicon
November 10, 2011 Leave a Comment
After tonight’s Republican debate, Rick Perry will be remembered not for what he said but what he couldn’t say. “A Perry Moment” has officially become part of the national lexicon.
Gadhafi Dead – Now Libyans Can Get On With The Business Of Killing Each Other
October 21, 2011 Leave a Comment
One by one, nearly every country in the Middle East has seen violent uprising by citizens eager to overthrow the existing government. Many Americans, driven perhaps by nostalgic thoughts about America’s own birth from violent revolution, have concluded that something beneficent was happening in the Libyan uprising. Gadhafi is dead and Libyans are celebrating, but […]
Disturbing Video Of Chinese Child Run Over – Neither Driver Nor Passers-By Cared
October 21, 2011 Leave a Comment
Life is cheap in China and this video proves it. A two year old Chinese girl standing at the side of a street was callously run over by two separate vehicles and then ignored by 18 people who walked or drove by the severely injured child. Finally, a woman who collects trash for a living […]
Obama Obsession With “Millionaires and Billionaires” Continues
September 17, 2011 Leave a Comment
As the U.S. economy continues its slow but steady march into economic depression, the Obama obsession with taxing millionaires and billionaires continues. Consider, Obama Tax Plan Would Ask More of Millonaires. President Obama on Monday will call for a new minimum tax rate for individuals making more than $1 million a year to ensure that […]
Solyndra Solar – Government At Its Worst, Ruling Without The Consent Of The Governed
September 14, 2011 1 Comment
The latest Rasmussen poll shows only a minuscule 6% approval rating of Congress by the American public, the worst approval rating on record. Skepticism runs wide and deep that Congress is able to improve the life of the average American. Only 9% of voters think Congress can make a positive difference and the latest outrageous […]
Obama Promises 118 Proposals To Create 23 Million Jobs
September 7, 2011 Leave a Comment
A miffed President Obama instructed his aides to quickly come up with another 114 proposals to add to his major jobs speech before Congress. After hearing that Republican Presidential candidate Mitt Romney rolled out an economic plan with 59 proposals for creating jobs, the President reportedly told aides “Nobody beats me on fresh ideas for […]