Archive for the ‘Economy’ Category
I am SO OVER “austerity”!
By: Les Dunaway
The term austerity has been misused hundreds of times daily for months now! It annoyed me the first time, as calling a leg a tail always does.
If you call a tail a leg, how many legs has a dog? Five?
No, calling a tail a leg don't make it a leg. Abraham Lincoln
It’s reached the point where I’ve got to talk about this latest foray into politically correct.
How Long to the Meltdown?
By: Les Dunaway
How long will it be before the US can no longer pay it’s debts? This is, how long before we become Greece? The following chart shows projections out through 2017 – based on current policies.
The EU is doomed!
Just The Numbers, Mam
By: Les Dunaway
As regular readers know, I’ve been less than optimistic about the prospects for recovery in the EU. I don’t believe that Greece, Portugal, Italy or, for that matter, France, will wean themselves from the socialist trough.
Sunday night, the most clueless of the clueless “mainstream media”, 60 Minutes, led with An Imperfect Union: Europe’s debt crisis [story] . Steve Kroft deserves credit for, finally, reporting the situation in Europe to the millions of Americans who don’t read the Wall Street Journal and the Financial Times every morning.

