Category Archives: Government Debt

Disgraceful and Insulting

Posted on August 7, 2012 by MN Gordon

New discoveries were made on the economic front last week.  The Labor Department reported that 163,000 jobs were added in July.  Yet even with the new jobs, the unemployment rate rose to 8.3 percent. “We’ve still got too many folks … Continue reading →

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A Valuable Lesson on Money Creation

Posted on July 24, 2012 by MN Gordon

“No, absolutely not,” answered European Central Bank (ECB) President, Mario Draghi on Saturday over croissants in Paris.  He was responding to a question from the French newspaper Le Monde, asking if the euro were in danger. There are numerous axioms … Continue reading →

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Celebrating Independence Day with Gratitude

Posted on July 3, 2012 by MN Gordon

Uncompromising independence and limitless personal freedom were once essential to the American character.  According to popular American folklore, they still are.  We have some reservations. No doubt, America was at one time the land of the free.  Of course, that … Continue reading →

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Violating the Promptings of the Economy

Posted on June 29, 2012 by MN Gordon

I left my heart in San Francisco High on a hill it calls to me To be where little cable cars climb halfway to the stars The morning fog may chill the air, I don’t care My love waits there … Continue reading →

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