“We are both heading for the cliff. Who jumps first is the Chicken.” …
Looking Over the Fiscal Cliff
You’ve heard plenty about the fiscal cliff. But little attention has been paid to what’s beyond it. What’s beyond it is another higher, steeper cliff. The federal debt now exceeds…
News You May Have Missed
With the election season in full swing, dominating the airwaves, Internet and print media, you may have missed some of the other news from the past week. Here are a…
U.S. vs. China
As China has emerged as a world power, it has increasingly been a case of Us (as in U.S.) vs. Them. Not in military combat, fortunately, but in day-to-day trade…
This Is Progress?
Economic growth for the second quarter of 2012 officially has been revised down to 1.25%, which is below the lowest previous estimate. In an effort to stimulate the economy, the…
Dancing With A Cow
While Europe’s sovereign debt crisis has beaten down the U.S. stock market, it has helped the bond market. Because the European bond market is in such poor shape, U.S. bonds…
Is America Going Greek?
The federal deficit of $1.327 trillion for 2012 marks the fourth straight year in which the deficit has exceeded $1.29 trillion. The U.S. Debt Clock is now above $15.3 trillion,…