For many, “Christmas is a time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell the government what they want and their kids pay for it.” (Richard Lamm, former Colorado governor). Sad, but true. The purpose of this discussion is to explain the difference between government and […]
Is the world banking system about to collapse? How will it affect you? Last week the virtually unregulated US Federal Reserve Bank (FED) and five other countries’ central banks made it cheaper and easier for banks to borrow dollars in emergencies to cover their obligations. US dollar denominated trade with the Euro-zone and other European […]
Recently I attended a lecture explaining the “Liberal Mind” by PhD. psychologist, Timothy C. Daughtry. He gave his explanation as to how such a minority (30%) in the United States has been able to impose its politics on the majority. When using the word Liberal below we are talking about the political Liberal. Liberals dominate […]
“If you find yourself in a hole, stop digging,” suggested Will Rogers. President Obama keeps digging. To be fair, he inherited a recession caused by programs he had voted for while Senator; for example, the bank bailout. Also an overheated housing boom was caused largely by a combination of the Federal Reserve’s keeping interest rates […]
