Our political leaders are once again belatedly jumping on the bandwagon – following by reaction rather than leading by proaction. Leave it to our political leaders to wait to act until we are already in crisis mode rather than acting in a timely mode to head off the crisis before it descended upon us, [...]
Listing for: economy
Water, Water Everywhere, But Not a Drop to Drink; Jobs, Jobs Everywhere, But Oh How Our Politicians…Stink!
Posted September 16, 2010 1 Comment
President Obama wants to raise taxes on the “wealthy.” Ask those families eking by on $250,000 per year if they feel “wealthy.” Sure, there are many less fortunate who would love to be “struggling” to make ends meet on $250,000 per year. Ask the growing numbers in the unemployment lines what they could do with [...]
Public Pensions Thick as Thieves
Posted August 6, 2010
Even California Attorney General union lover Jerry Brown has joined the stampeding bandwagon. AG Brown is in the midst of conducting a criminal investigation for voter fraud in connection with the $800,000 per year salary of the city manager of teeny Los Angeles County city of Bell that will entitle the now disgraced–and suddenly [...]
Is Nero fiddling while Rome is burning? The slow moving “recovery” seems to be sputtering. Are we heading toward the second half of a “double-dip” recession? The latest economic reports and data are not exactly encouraging. As reported in The Week magazine for the week of July 16, President Obama says the data shows we [...]
An Open Letter to President Barack Obama
Posted July 5, 2010
Dear President Obama, Can we talk? (And by that I mean a two way exchange. This could be a great opportunity for you to clear the air and rally the “troops,” so to speak.) I followed with great interest your May 1 commencement speech at the University of Michigan. While there are those who interpreted your remarks as suggesting that you feel you are above criticism, I want to believe and support you and I take you at your literal word, that you have no quarrel with dignified, restrained commentary.
The Single Greatest Impediment to Economic Recovery: Public Pension Obligations–and Influence
Posted July 4, 2010 2 Comments
What is the single greatest impediment is to the future economic stability of America? Possibilities abound, of course, but I believe the single greatest impediment to the future viability of the American economy is…the exploding cost of public pensions—and the demonstrated inability of our governmental leaders to resolve the issue. (Mmm, that may be two [...]

