Archive for the ‘American Thought’ Category

Why the Next Great Depression May Still Happen

July 29 | Posted by mrossol | American Thought, Socialism, US Debt

This article has an original date of  6/20/2011.  Some of the reasons below seem to have as much “unknown impact on the US” as a debt default.  There are a lot of factors leaning in the wrong/bad direction, that seems pretty certain. ========== So anyone that believes that we are headed for another depression is certainly not crazy. The following are 19... Read more

Kids Living in the City Are at Higher Risk for Allergies and Asthma

July 29 | Posted by mrossol | American Thought, Health

I’ve been saying this for years, but now you can believe it… Kids Living in the City Are at Higher Risk for Allergies and Asthma.

... Read more

China Says Aircraft Carrier Only for Research, Training

July 28 | Posted by mrossol | American Thought, Military Tags: ,

Research and training… ?  Right. =============== BEIJING—China’s Defense Ministry said its first aircraft carrier would be used for “research, experiments and training” and would not affect its defensive naval strategy, in an apparent attempt to ease regional concerns that the vessel could be used to enforce Chinese territorial claims. Senior Col. Geng Yansheng, a Defense Ministry spokesman, also confirmed for the first time... Read more

The Road to a Downgrade

July 28 | Posted by mrossol | American Thought, Economics, Socialism

    Even without a debt default, it looks increasingly possible that the world’s credit rating agencies will soon downgrade U.S. debt from the AAA standing it has enjoyed for decades. A downgrade isn’t catastrophic because global financial markets decide the creditworthiness of U.S. securities, not Moody’s and Standard & Poor’s. The good news is that investors still regard Treasury bonds, which carry... Read more

Poverty in America…

July 27 | Posted by mrossol | American Thought, Economics, Politically correct, Socialism

Robert Rector of the Heritage Foundation writing at nationalreview.com, July 26: The Census Bureau reported last fall that 43 million Americans—one in seven of us—were poor. But what is poverty in America today? The most recent government data show that more than half of the families defined as poor by the Census Bureau have a computer in the home. More than... Read more

Toying With Default

July 26 | Posted by mrossol | American Thought, Obama

I just hope “they” don’t make the situation worse than it already is. ======== Barack Obama was in full-scold mode Friday night, summoning Congressional leaders to the White House to “explain to me how it is that we are going to avoid default.” It’s a terrific question, albeit one the President refuses to answer. He remains far more interested in maneuvering to... Read more

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