Dear readers it seems I have to suggest some literature for you. Check out the following books: "Bailout nation", "Credit Card Nation" and "Human Action". In 1998 there was a nation-wide negative saving rate at work. And you know that was also the time of the Internet bubble...
One of the nice and bad things about Internet is that you can find things you once wrote. This is what I found: http://fdominicus.blogspot.com/2008/09/watch-closely-what-candidates-do.html Now what has changed? Obama still is clueless. But no other has any more clue but Ron Paul. So nothing learned in...
even if not for all to long. What has Obama said before he was voted? What of these things has he fullfilled? If you find he has delivered what he promised, vote for him again. If you think he has delivered too less. Just do not vote for him. It's everyones decision to vote for or against some candidate...
in his past tries to win this election (which unfortunately he did win) His motto was: "Yes we can" I was always puzzling, "what the hell does he mean with "we caan" ". And now I know. He just mises a few little words. Yes we can, make more debts". And they do, they...
Finally and it serves the US right, Especially Mr Yes-we-can president Obama. The USA have lost their highest credit-ranking. It would have been better they would have been downgraded some 3 years ago. But better late than never. 14 Trillion (extended to 16 trillions (official debts) is way beyond any...