Category Archives: fnance

Keep on borrowing because…

Rep. Nancy Pelosi: Nothing left to cut in budget — ‘the cupboard is bare’ – Washington Times. Oh what the heck… Things that can’t go on forever, won’t. Debt that can’t be repaid, won’t be. Promises that can’t be kept, … Continue reading

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Why The Status Quo Is Doomed

Guest Post: Why The Status Quo Is Doomed | Zero Hedge. The wheels have come off the endless growth via expanding debt machine. Rising interest rates are the final blow to this agenda, and the political and financial classes have … Continue reading

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Wow, a hint of common sense at the Federal Reserve

Fed hawks worry about threat of inflation Only one’s a voting member and I feel fairly sure it will be quite a while until the worry becomes contagious.  Two top Federal Reserve policymakers expressed discomfort on Thursday with the U.S. … Continue reading

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Nationwide backlash

The Feds bailing out state pension funds. Illinois Democratic Gov. Pat Quinn is getting hit with a nationwide backlash over his suggestion that the federal government bail out the state employees’ pension program. Critics have in the past several days … Continue reading

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