Category Archives: General

This blog entry speaks for itself.[1] Enjoy.  Elmo Tries to Explain The National Debt (Again) Muppets have received a lot of bad press since Greg Smith realized that he is not, in fact, a one-percenter. Fortunately Elmo’s back to reclaim … Continue reading →

The State of Illiniois’ teacher pension program is an extreme example of the pension underfunding problems facing many of the nation’s pension systems, but it’s not an isolated example of the problem.  According to an article recently published on Bloomberg, … Continue reading →

I have long contended that gold will eventaully be viewed as an alternate currency to the fiat currencies now being used around the world as a means of commerce.  I believe that the first evidence of this has already emerged, … Continue reading →

In spite of earlier statements to the contrary, the International Monetary Fund is now stating that a Euro breakup is possible, a conclusion that would be reached by any reasonable person who examined the facts.  This from the article[1] (emphasis … Continue reading →

A recent article in “Business Insider” ran a story outlining the conclusion that economist Joe Stiglitz has reached regarding the gloabal financial system.  It’s not pretty.  Here is a bit from the article[1] (emphasis added): Bookmark on Delicious Digg this … Continue reading →