Should California Declare Bankruptcy?

The onetime jewel in this country’s crown of achievement and testament to the “good life” has tarnished to the point were it is unlikely to be restored to its former greatness.  With unbridled spending by a virtual one-party State Assembly and Senate, unsustainable concessions to public sector unions, unfriendly restrictions and taxes on business along [...]

The Congress That Stole Christmas

On a cold and snowy night, a group of people met in a backroom somewhere in our nation’s capital to make a deal.  The outcome of the meeting was known by them and their associates long before their formal agreement was announced to an eager media corps.  After all, the folks back home needed to [...]

High unemployment hurts everyone.

The jobless rate reached 10.2 percent as October ended, marking the highest level of unemployment in nearly three decades.  Percentages are just statistics; the reality is there are 15.7 million men and women who want to work but cannot find a job.  Add to this the underemployed, those who are working part-time even though they [...]

PreBoomer Musings - Blogged