Category: Business

There are those who would contend that the economic path followed by Detroit (a bankrupt city in all but formalities) is the path that Obama has in store for our nation… You can read more about it here.  

From Joe K…

I good commentary from Arthur Brooks…  I can summarize some of the positive political positions: The core problem with out-of-control entitlements is that the impending insolvency of Social Security and Medicare imperils the social safety net for the neediest citizens.

At least eight in every 10 citizens in Greece who have taken out a loan are having trouble with repayment… I think we’re getting closer to the Germans repossessing the Parthenon. via Mish’s Global Economic Trend Analysis: 84% of Greeks,

Billionaire and Head Nanny of New York City, Michael Bloomberg notes:  ‘Oh, you can’t spend money you don’t have.’ That is true for your household because nobody is going to lend you an infinite amount of money. When it comes

You may be aware that the United States hit Hiroshima, Japan with an atomic bomb towards the end of WWII in 1945… As you can imagine, the city of Hiroshima was almost completely destroyed (see photo below). It’s interesting to

You may have heard that Obamacare levies a tax on medical device manufacturing companies.  This is all part of Obama’s redistribution strategy (from “rich” medical device makers to the Democrat voters).   Unfortunately, in the real world, companies often shift

“If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.” – Milton Friedman

This sums it up rather nicely…