Beware of Greeks bearing requests for bailout money

    “American taxpayers should not be forced to bear the risk for nations that have avoided making tough choices.” Congressman Mike Pence (R-IN) 5/13/10 As noted on my post Medusa is alive and well.. from several days ago, the US is already on the hook for $6.8 billion dollars to bailout Greece. We could be subsequently on the hook for $50 billion more to other European | Read More »

    The Economy and The Stimulus

    On my way home from work today, I heard people all over the radio (mostly FoxNews: Neil Cavuto) talking about the current economic conditions. Yes – we’ve had four days of gains on the market. A market that has cut in half over the last year – with almost half it’s losses in the last few months alone. Four days of gain (amounting to only | Read More »

    A Senator Gets Skewered

    Neil Cavuto, always the smartest guy in the room, interviewed U.S. Senator Bob Menendez from New Jersey today. This is very entertaining. No, really!! It is!! So here’s the background… Barack Obama has been talking about his tax rates being lower than those that Ronald Reagan had, but, and here’s the thing, no one really knows which tax rates Obama is talking about. Now, this | Read More »