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All Fall Down

February 17, 2011

President Eisenhower, in his farewell address, warned us of the dangers of the military-industrial complex. Was he right? The US spends more on “defense” than all other countries combined. According to official reports from 2003 and 2005, we have 737 military bases in 63 countries outside of the US and its territories. This is intentionally […]

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Greenspan Shrugged

October 24, 2008

Old Alan is quoted as saying, “I still do not fully understand why it happened.” Really? Oh, how the mighty have fallen. Poor old Alan, formerly the architect of America’s prosperity, is now the fall guy. There he was being grilled by Representative Henry Waxman and his crew. There he was being treated as just […]

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Tinkle-Down Economics

October 17, 2008

Being laid up with bronchitis isn’t pleasant. Thousands of thoughts race through my mind. Although I haven’t fully recovered, I just couldn’t wait. The absurdity of our present situation is so obvious. The lack of understanding of why it happened is not. The only thing that has relieved my misery has been laughing at the […]

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