Category Archives: Government Debt

Programs to Control the Uncontrollable

Things are melting up – and melting down – the world over.  What’s more, summer’s only just begun.  While Americans were dreaming of block parties and beach bashes as they punched out for the Independence Day holiday Wednesday afternoon, Cairo … Continue reading

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Ingesting Rabbit for Supper

All of the sudden boring old government bonds have become real interesting.  For over the last six weeks a remarkable new awareness has come over the credit market… If you can believe it, interest rates don’t always go down.  In … Continue reading

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Dark Clouds on the Horizon

Wow!  Just when we thought we’d seen it all, something fantastic happened.  What a delightful treat… The tiny island nation of Cyprus has the whole European continent welcoming spring with the frosted hearts of a December blizzard.  For a brief … Continue reading

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On Maximum Collective Welfare

“Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.” – Marcus Aurelius Gradually Reducing the Minds of Men The Roman Republic was corrupted long before Marcus Aurelius came to … Continue reading

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