Category Archives: Economy

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No Budget Cuts by Democrats and Obama Means Bankruptcy for America

We need to overcome the confusions by Democratic politicians who have misused the terms “deficit” and “debt.” Let’s reframe the discussions about “deficits” and “debt” resulting when the Democratic Party achieved single party control of the White House and Congress on November 2, 2008. US Debt Held by Public and Deficits 1776 to 2011  


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The Little Big Lie

As we wander around in the financial wonderland created by the Obama Administration, it is very easy to get lost. The Democrats have not yet produced a budget for the fiscal year ending 9/30/2010. But, they are spending a lot of money. The CBO projects that Obama’s spending will increase the U.S. public debt to


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The Real Honey Pot for Teachers, State Employees and Their Unions

Have you been too busy working to follow all the commotion in Wisconsin? The casual media coverage makes it sound like an armed revolution is about to break out. But, here is the core of the dispute between the state government of Wisconsin and its union-represented employees: The bill would also require union members to contribute 5.8%


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What’s Best for Private Charity and Government Welfare … Jobs!

For purposes of discussion, it will be appropriate to define the two components of charity in America.  Private charity is comprised of individuals and non-governmental institutions giving freely to the needy and without government intervention.  And government charity is forcing transfers of money from taxpayers to citizens identified by the government as needy. Payroll taxes


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A Voter Guide for Undecideds, People over 50, Recent College Graduates

Here is a catalogue of outstanding, as in way out of the norm, accomplishments of our Government as controlled by the Democrat Party. The Publicly Held National Debt has increased 50% from $6 trillion to $9 trillion in the first 2 years of the regime.  If the average interest rate on this debt rose to


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How a Currency Equalization Tax Will Put Real, Useful Pressure on the Chinese Economy

To grasp the extent of the cumulative imbalances on the Chinese’s subsidizing their export economy, here is a look at Foreign Exchange Reserves.    Foreign Exchange Reserves  are a “[t]otal of a country’s gold holdings and convertible foreign currencies held in its banks, plus special drawing rights (SDR) and exchange reserve balances with the International Monetary


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From The Small Business Economist

A call for all the Radical Democrats to go get a real job and find out how the American Economy works: If you are in any business and your revenues exceed your expenses by just one dollar—you profit, you are alive and well with the following expectations:  You will be able to pay your employees,


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About Cap & Trade and Christine O’Donnell

With talk about the next Congress defunding and/or repealing Obama Care, it’s very clear that most of America is not happy with this government seizure of 16% of our national economy. The only thing that might make Americans madder than they are about the loss of their personal control over health care, is the effective


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Unplugging London’s Tubes

What sits at the choke point of almost every major metropolitan area of over one million residents?  What is able to lay waste the daily orderly functions of business and everyday life in these densely populated urban areas? Unfortunately, it is usually a very, very small group of people.  And in the instance of the


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Trouble in Paradise-Fiji Needs an “Alliance of Democratic Nations” as a Counter Weight to the United Nations

Maybe some of you have been one of the 500,000 tourists who have visited Fiji, which is generally regarded as the ultimate paradise in the South Pacific.  But things are not looking so good if you are citizen of Fiji. The British granted Fiji independence in 1970.  Democratic rule was interrupted by two military coups


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