8.5 trillion reasons why we’re screwed

I know I've written about this before, but today's Pacific Business News report saying that the current $8.5 trillion in taxpayer-supported bailouts is more money than that spent on all U.S. wars since the Civil War demands some kind of comment. It seems like only yesterday (it was nearly 20 years ago actually) that the Berlin … Continue reading 8.5 trillion reasons why we’re screwed

Watching The Great American Giveaway

Anyone not getting enough misery and disgust in their lives really ought to turn on C-SPAN right now and watch the Senate Banking Committee hearings on whether to bail-out the Big Three automakers. A month ago Ford CEO Alan Mulally, GM CEO Rick Wagoner and Chrysler CEO Robert Nardelli flew to Washington in private jets … Continue reading Watching The Great American Giveaway