Tag archive for ‘Europe’
Eve of Destruction: Are we headed for a Global Recession?
The Great Depression did not come suddenly to the United States - it took awhile to build up the pressures that lead to the ultimate unraveling of the US economy. But from 1929 to 1933 - the GDP of the United States fell from about 800 billion dollars to 600 billion dollars… which not even adjusting for inflation today, would be equivalent of a fall in GDP of about 3.25 trillion dollars - or about a quarter of the US economy in present terms. I believe that unless something dramatic happens, from 2008-2015, we could see a similar contraction in wealth…
Reform, not Rescue… Buy in, not Bail Out.
This is a restructuring, not a rescue. It’s a buy in, not a bailout. Congress and the White House need to realize that this effort’s main goal is the stabilization of the financial markets and the recapitalization of the financial system. It is not the time to take the taxpayer’s money and give it to Wall Street. It is not the time to take the taxpayer’s money and give it to homeowners who can’t pay their mortgages. We’re taking the taxpayers money and correcting an error we should have corrected over five years ago - making the markets more transparent and ensuring that people who benefit from risky deals also assume the downside to those deals when they go bad.
I Hate Snotty Europeans
I hate snotty Europeans. They show up in America’s major cities and bring with them not only their hatred against President George W. Bush, the Iraq war and U.S. foreign policies, but also their disdain for Americans and American culture in general.
More often than not, these snotty Europeans display their disdain toward America openly, with [...]
Gov. Palin “knocks it out of the park” with her convention speech…
Text of the speech… it was amazingly delivered and was hard hitting:
Mr. Chairman, delegates, and fellow citizens: I am honored to be considered for the nomination for Vice President of the United States…
I accept the call to help our nominee for president to serve and defend America.
I accept the challenge of a tough fight in [...]
What Obama’s Policies mean for America: Defense Policy
This is the first article in a multi-article set that will examine each of the policy “categories” that Sen. Obama identifies as part of his platform, and offer some critical analysis of what an Obama Presidency might mean, given what he has said.
I decided to write these series of articles after Sen. Obama commented on [...]
Entries (RSS)