Category Archives: cutbacks

What was/is going on in the USA as I turned 77

I  had intended to write a state of the union post on the occasion of my 77th birthday.  I didn’t, but this pretty well sums it up. President Obama, off the record  an article in which reporters excuse themselves for … Continue reading

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The Debt Tsunami

A very intersting post by Richard Fernandez at Belmont Club.Rich Man, Poor Man Robert J.Cristiano believes that at least one financial tsunami “began long ago and very far out to sea” when public sector employees voted themselves wonderful compensation and … Continue reading

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