Something that started like a joke has become serious – that is President Donald Trump’s interest in Greenland. There were numerous jokes about this matter on late-night television shows, including social media. And now, the flood has become a no-joke […] ↓ Read the rest of this entry…
We used to lead the world in the development of electronics; no more. In fact we used to dominate the world in manufacturing of virtually every product you can imagine. Not so many years ago we led the world in production […] ↓ Read the rest of this entry…
After what appeared, even to this author, to be the nail in the coffin of the speakership of John Boehner, an angel came to his defense offering the Speaker a much-needed lifeline. The power behind the well-known “Taxpayer Protection Pledge,” […] ↓ Read the rest of this entry…
While the Obama administration is out touting that unemployment grew at a slower rate, i.e. the number of new applications for unemployment benefits were less than anticipated, a much gloomier set of economic figures came out that signals the U.S. […] ↓ Read the rest of this entry…
What would it take for the Congress and the White House to take the country’s current financial crisis seriously enough to put their month-long vacation on hold and take immediate action on the debt? Apparently nothing. For the first time […] ↓ Read the rest of this entry…
Several times last week President Obama said there was no need for a balanced budget amendment to the constitution because it was just an excuse for lawmakers to avoid making the necessary difficult choices. He’s correct; and they never will […] ↓ Read the rest of this entry…
If you’re to believe Treasury Department officials, including the Secretary Timothy Geithner, when August 2nd arrives the U.S. government will be unable to pay its debts. The problem with this crisis is that it is not a crisis at all. […] ↓ Read the rest of this entry…
It’s an interesting dilemma. When the Obama administration took its first dip into the deficit spending pool, they went right into the deep end with 3/4 of a trillion of red ink in his stimulus package. The Weekly Standard reported […] ↓ Read the rest of this entry…
Many of you may not be aware, but there was a vote to increase the debt ceiling in the House of Representatives this evening just after 7:00PM EDT. It’s still a little puzzling as to why the vote was held, […] ↓ Read the rest of this entry…
The next time you go to a movie, look around the auditorium and consider how many of those in the theater are paying anything in federal income taxes; I bet you’d be surprised. If there was one thing I thought […] ↓ Read the rest of this entry…