Tag Archives: debt ceiling

Broken Promises Broken Dreams

Posted on July 19, 2011 by MN Gordon

White House and Congressional efforts to reach a Grand Bargain are merely a distraction. The basis for such a bargain – reduce spending so the debt limit can be raised – is fraud and folderol.  Nothing that we’ve seen suggests … Continue reading →

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A Run on the United States Government

Posted on July 15, 2011 by MN Gordon

Things are ugly out there.  The governments of the world are going broke in unison.  Over in Europe, the credit ratings of Greece, Ireland, and Portugal have been downgraded to junk bond status.  Italian and Spanish debt is sure to … Continue reading →

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Default Now

Posted on July 8, 2011 by MN Gordon

It is too bad that idiots don’t warn people before they do something really stupid.  Perhaps someone of sound mind could intercept them and redirect their misguided intentions. Instead they seem to attract other kindreds…where they thrash about with self-reinforcing … Continue reading →

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Be Like Jimmy

Posted on June 28, 2011 by MN Gordon

The DOW jumped up 108 point yesterday.  The headlines offer many reasons why this is so.  But we don’t have time to consider them today.  For we have other points to ponder…like debt. You see, individuals and nations alike have … Continue reading →

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