Since the second world war, British foreign policy has been built on its so-called special relationship with the United States, which emerged from that conflict as the world’s most powerful nation. This week, London showed it was attempting… Read More
“The time to worry about debt is before you get it, not after you got four-fifths of it.” – Will Rogers, 21 December 1932 These words of wisdom were just as ignored in Will’s day as they are… Read More
We are three billion in the hole and will be three billion more next year, and not a Congressman has got the nerve to ask voters to pay part of it. — January 29, 1933 Will Rogers… Read More
Source: Defense cuts could further dim US jobs picture – Life Inc.. There are thousands of civilian jobs related to the war effort, and cutbacks in defense spending have already led to reductions in these defense-related jobs, including direct… Read More
Tonight is, thank heavens, the last debate for this presidential season. It will be on foreign policy. I can tell you in advance what will happen. Each side will tear into the other saying their opponents foreign policy… Read More
I know there is a lot of fury going on now about how President Obama has increased the national debt. So, when I came across this graph it got my attention. I have had several ranters here lately… Read More
Source: Economy Watch – Bernanke says demand too weak to bring down jobless rate. Consumers are not spending enough and businesses are not investing enough to put a big dent in unemployment, Federal Reserve Chairman Ben Bernanke said Monday… Read More
The average consumer carries over $16,000 in credit card debt. And there is usually a mortgage and probably a car loan in the pile too. They say the total personal debt of U.S. consumers is over $11 trillion…. Read More
All this political foolishness is getting insane. I just wish the president would grow a backbone and tell congress to give him what they gave the previous president seven times. Give him a “clean” bill that raises the… Read More
I have been a little shy about wading in on the debt ceiling stuff that is going on right now. As you know I like to make jokes about what I say here and those Republicans in Congress… Read More
