MicroGroks
A few days from now, beheaded mythical creatures, absent a body, will swallow the Sun only to have it reappear shortly after. Roughly three minutes, give or take.
The Senate passed an emergency appropriations bill on Friday night to avoid a government shutdown. This $1.2 trillion appropriations minibus includes $825 billion for the U.S. Department of Defense and $62 billion for the U.S. Department of Homeland Security.
The state of your dollar just took another kick to the McNuggets. The US Senate has passed a 95 billion dollar “aid” package to the Military-industrial complex under the guise of supporting wars in Ukraine and Israel, planned war in Southeast Asia, and nothing for US Border Security.
The Debt Clock does not have much impact on Americans and appears to not have much effect on politicians. The digits keep spinning, the numbers keep climbing, and there seems to be no number large enough to garner concern.
Balancing the budget is like getting to heaven—most folks know what to do to get there. It’s just that they don’t want to do it. That’s probably unfair to the faithfully upright who actually walk the walk, but the analogy is a perfect fit for Washington politicians who put the federal budget over the family …
There’s Only One Way To Tame The Runaway Federal Debt Read More »
I started on this kick back in the late 1990s as I became more politically aware and conscious of how politicians were always on the hunt for my wallet – and there’s nothing wrong with my sense of self-interest in protecting that private property.
The political and financial class breathed a sigh of relief when Congress passed the Fiscal Responsibility Act of 2023. The bill suspends the debt ceiling for two years, thus avoiding the establishment’s nightmare of a government default on its debt. Rather, it allows the government to continue adding trillions of dollars of debt that will …
Let’s see if we can break down the debt ceiling issue. So once upon a time, well, back in 1917, America bought the Virgin Islands for about $25 million in gold, Babe Ruth, at 22, was pitching for Boston, and the United States entered WWI. There were also some significant changes going on in D.C.
I’ve said that unless the Federal Govt finally got its act together and kept spending down to the level we could afford, this was going to happen:
While I was on my town’s Budget Committee, I warned the town and school board against taking “free money” that the Feds were giving out like the candy thrown out by Old Home Day marchers. The analogy was apt.
