Tag Archives: congress
How to Fix America’s Debt
Third quarter Gross Domestic Product increased at a 2 percent annual rate, reported the Commerce Department last Friday. That’s up from the second quarter’s 1.3 percent growth rate. But don’t get too excited… According to Lucia Mutikani at Reuters, the … Continue reading
In Mob We Trust
“Democracy is a pathetic belief in the collective wisdom of individual ignorance,” – H.L. Mencken Democratic Collectivism With the possible exceptions of love and war – or a residential real estate bubble – there’s nothing like the promise of election … Continue reading
When the Gravy Train Jumps the Tracks
The future consequences of all that has been done to the financial system and the economy over the last four years – from late 2008 to the present – are largely not understood. There seems to be some broad impression … Continue reading
Falling Off the Hunger Cliff
The October edition of Smithsonian magazine tells us that “With five simple words in the Declaration of Independence – ‘all men are created equal’ – Thomas Jefferson undid Aristotle’s ancient formula, which had governed human affairs until 1776: ‘From the … Continue reading
