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 [...]

Our loyalty can’t be bought.

Because there will be no cost of living increase in Social Security (SS) next year or the year after, the administration is about to “give” those on SS a $250 check to help us get through the upcoming year. That’s hardly enough money to those of us living in California, for example, to pay the [...]

PreBoomer Musings - Blogged