With all the bailouts and Stimulus money floating around and the unimaginable amounts of money printed by the Fed being injected into our economy there is renewed debate about the best way to turn our economy around. Many, especially those in the current administration, tout the idea that we need to keep pouring on the [...]
Entries Tagged as ‘history’
November 11, 2009
Value A Vet
This holiday to honor our veterans of past and present wars often passes with little notice. It should not be so. Many don’t even recall the original holiday and its background. It was Armistice Day. It was a day to celebrate the end of the Great War. That was the moniker for WWI before there [...]
November 10, 2009
2 Cents Worth on Life Its Ownself
When Clinton pushed for and got Congressional approval for the repeal of Glass-Steagal it allowed the distinction between commercial banks and investment banks to disappear. Many hailed that as a great achievement. The White House then took the position that the distinction was old hat and a product of an earlier era that no longer applied [...]
November 6, 2009
The Watch–cont’d 5
The images were like angry wasps flying at them. Mostly they were merely straight lines against the sky slowing growing larger as they angled down at the convoy. He could see two of them. They were the ones flying right at them. He didn’t even look around for others. Before he could even adjust to [...]
October 26, 2009
Debt Debacle
Sometimes the current economic pundits talk about our current debt and indicate that it is not as severe a problem as others think. This in spite of the fact that even those in the current administration do give lip service to the notion that the deficits and debt growth are “unsustainable”. They just want to [...]
October 16, 2009
USS Paul Hamilton–A Small Story of Great Loss
Only 6 weeks before the D-Day invasion we lost one of Liberty ships off the coast of N. Africa near Algiers. This was at a time when we were set to start the final act of WWII. The Germans were already reeling from their losses on the Eastern Front and Stalingrad and it had been [...]