Today marks 84 years since the Great Stock Market Crash of 1929, also known as Black Tuesday. This typically is considered the beginning event of the Great Depression that lasted some 10 years in the United States. The crash itself did not cause the Depression, but rather it … [Read more...] about 84 Years Since the Stock Market Crash of 1929
Archives for October 2013
What a year it has been since Hurricane Sandy hit the US on October 28-30, 2012. The size and scope of Superstorm Sandy is a perfect analogy of the the fiscal ineptitude that has churned up in Congress over the last year. Nearly three months after the Hurricane, the Sandy … [Read more...] about Hurricane Sandy, Government Machinations, and Congressional Finances: One Year Later
In case you missed it, Harry Reid displayed the most incredible mind reading skills this past week during an interview on Nevada Public Radio. As reported by Roll Call, the Senate Majority Leader explained that, “The only people who feel there shouldn’t be more coming in to … [Read more...] about Leviathan is Wounded. And Hungry.
As each day passes, the various facets of Obamacare are getting implemented in order to be fully operational by January 1, 2014. But we are hearing about the difficulties in the implementation caused primarily by either 1) the website fiasco; 2) low number of enrollees; and 3) … [Read more...] about Are Obamacare Enrollment Pressures Unconstitutional?
Right before the government shutdown, Detroit received a pledge for a $320 million federal “aid package”. The Obama Administration wants to make it perfectly clear: this is not a bailout. That word is too toxic during this time of fiscal instability in Washington. This is … [Read more...] about Detroit’s $320 Million Federal Aid Package