Too logical for most on both the right and left to consider… ===== It’s no surprise that the White House has denounced Paul Ryan’s new House budget as the end of welfare-state civilization. The puzzle is why some conservatives are taking shots at the best chance in decades for serious government reform. A pair of freshman Republicans, Tim Huelskamp of Kansas and Justin... Read more
Archive for the ‘Debt’ Category
Paul Ryan: The GOP Budget and Americas Future
March 23 | Posted by mrossol | American Thought, Debt, US DebtYou seen anything better? =========== By PAUL RYAN Less than a year ago, the House of Representatives passed a budget that took on our generation’s greatest domestic challenge: reforming and modernizing government to prevent an explosion of debt from crippling our nation and robbing our children of their future. Absent reform, government programs designed in the middle of the 20th century cannot fulfill their... Read more
Greek crisis .. it’s game theory
February 23 | Posted by mrossol | Debt, EconomicsBy Matthew Lynn LONDON (MarketWatch 2/23/12) — What movie should you watch to try and understand the torturous progress of Europe’s debt crisis? “Zorba the Greek,” maybe? “The Never-Ending Story,” perhaps? In fact, the best thing you could slot into the DVD player would be ‘A Beautiful Mind’, Ron Howard’s well-crafted film about the mathematical genius John Nash. The latest round of... Read more
Hungary won’t be the last . . .
January 11 | Posted by mrossol | Debt, EconomicsA word to the wise.. ======== By Matthew Lynn LONDON (MarketWatch) — Much like Greece, Hungary was one of those small, slightly peripheral countries that most people in the financial markets probably thought they could get through a career without ever worrying about very much. With a population of slightly less than 10 million, and with a total gross domestic product of less than... Read more
