Tag Archives: default

Embarrassed Again! – Just The Numbers, Mam

By Les Dunaway

Well, it happened. Just as the warnings foretold. When will there be some sign of adult behavior in Washington? During the debt cap discussions, the rating companies wrote to the President, the Senate and the House and pointed out that just raising the debt cap would not prevent a rating downgrade. Think about it! Would you see it as positive if your dead-beat neighbor bragged to you … Read more...

A ROUGH week – Just The Numbers, Mam

By Les Dunaway

Well, it’s been a rough week! With every indication of more rough times to come.

The economy continues to sputter and 1Q11 was worse that we thought [read]

There’s lots of punditry about what the debt ceiling impasse will mean:

  • Debt ceiling: Will I get my Social Security check? [read]
  • What Will Happen If Debt Ceiling Is Not Raised And The US Defaults?
Read more...

Just the Numbers, mam

By Les Dunaway

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.

I’m beginning this discussion … Read more...