Our credit card economy; Why tax people if we can just print more money?

The amount of money FJB is borrowing to give the appearance of economic growth is greater than the value of all the steel, all the automobiles, all the airplanes, all the gadgets, and all the other doohickeys Americans make.

Government Spending has Become Insane

Our gremlin in chief is currently playing chicken with the House Republicans over the national debt limit. The House wants some fiscal constraints and the Dems want unlimited borrowing. There’s a great deal of talk about what a default on our debt would do to the economy — most of it speculative. However, there’s little …

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Biden administration’s profligate spending claims another victim, more will follow

As Warren Buffet once famously said, “Only when the tide goes out do you learn who has been swimming naked.” And last week, that turned out to be the Silicon Valley Bank, whose customers include tech startups, venture-capital firms, and Napa Valley wineries. SVB’s leadership certainly deserves their fair share of the blame. Bankers, more …

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The End of US

Let’s take a overview of the 2 ½ years of Biden’s administration. Remember that 40% of the time he’s been in office has been “on vacation.” So he really can’t be blamed for the following. Can he? Thousands of petroleum jobs destroyed; America’s energy independence ruined; Keystone pipeline cancelled without coordinating with Canada; reinitiated the …

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