In last week’s column we talked about how countries go broke, using some of the European Union countries as examples – Portugal, Ireland, Italy, Greece and Spain – known in the financial world as the PIIGS and how those countries may destroy the European Union.
This week we’ll talk about how similar behavior and results (whooda thunk it?) has brought several of our states … Read more...
By Dick Bachert – While an excellent argument can be made for term limits (which, along with elimination of the fat pensions, perks and LAME DUCK SESSIONS I favor), I would offer that, currently, our chances of getting them are somewhere between slim and none. The sad fact that we are even discussing them is a manifestation of the even sadder fact that, until recently, Americans have grown complacently inattentive … Read more...
So…..What would happen if all of the balances that are currently being carried in all of the federal government’s so-called “trust” funds were written down to balances of zero?
You can read the entire book on the website or download your own PDF copy. Then start the discussion below the book on the “Featured Reading” page under the “Library” tab.
Join us this evening as we host a live chat covering Barack Obama’s State of the Union Message. You can also comment below or via Twitter using the hashtag #madforum.
This is Vol 1 Issue 1 of a weekly discussion intended to lead to better understanding of financial issues facing our country.
I will, each week, take some issue from the current/recent news and discuss the issue itself and how it impacts our country and our way of life. I hope that there will be an ongoing discussion through comments to my posts.
Obama and his spouse are going to visit Tuscon this week to attend memorial services for those killed by Loughner.
Fourteen months ago a muslim in Fort Hood shot and killed 13 people and wounded 30 others. Obama was first in line to suppress the outrage from the community. Pooh-poohed reporting by the media and generally tried to ignore the tragedy.
What’s the difference between the two events that would … Read more...
By Donald S. Conkey – Two events occurred last week that reinforced my belief that God lives and is still in charge – and that the Preacher was right, that there is a time to be born and a time to die. The first event was a visit by our nine month old grandson Wyatt. The second event was the funeral of dear friend William Douglas Ellis where I delivered … Read more...