What’s really frightening is the national debt
I don’t think our children will enjoy the same freedom we’ve had
I recently listened to a good portion of Obama’s Cairo speech along with some commentaries on it. My comments are not actually for Liberal Democrats, because they are pure lemmings, and are essentially beyond all hope short of an act…
The $11 trillion national debt trickle-up effect
We have all heard the news that the national debt now stands at $11 trillion . Eleven trillion dollars is such a large number that it is difficult to grasp. The national debt is the amount owed by the government,…
The trickle-up effect
We have all heard the news that the national debt now stands at $11 trillion . Eleven trillion dollars is such a large number that it is difficult to grasp. The national debt is the amount owed by the government,…
From original sin to Keynes to original penance
There have been variations on St. Augustine’s well-known original sin concept that in one way or another brand man as evil, or at least flawed, from birth. Whether you choose to embrace any of their indictments and conduct your life…
Banks will not heal until the mysterious credit defaults are addressed
I’ve recently read two Op-ed pieces in the Post-Dispatch that purport to explain the way out of our country’s economic crisis.
One piece, by Nobel Prize winning economist and New York Times columnist, Paul Krugman, says in effect, we need to…
- Comments Off
- Email this
It’s a debtors’ crisis, not a credit crisis
By now, most of us have solidified ideas of what caused the “credit crisis” – which really ought to be called a “debtors’ crisis”. Knowing what we now do about our economic status, it’s worth reviewing activities of late that…
If Obama can restore our honor and treasure, he will have worked miracles
As the bloated, decaying corpse of the Bush Administration is towed out to sea for safe sinking, it is important for us to remember the incredible damage that the last 8 years have done. If Mr. Obama can recover something…

