As you know a massive government bailout was passed with the goal of saving the economy. The Oct. 4, 2008 front page headlines in the SJR “Bailout is coming, but will it work?” Good question. In my opinion the headline should have been “Bailout coming, was it necessary?”
The bailout represents much more than the $857 […]
During the second World War, HM Fort Roughs was constructed as a defence against German mine-laying aircraft that might be targeting the estuaries that were part of vital shipping lanes. The structure includes a floating pontoon and two huge hollow towers that are joined to a large deck. The fort was towed into a position […]
What drives the economy? Consumer spending. Does consumer confidence affect consumer spending?
When the president of the U.S. holds a prime time speech and announces that the financial markets are on the verge of collapse that would throw the economy into deep recession, what does that do for consumer confidence?
The president has requested a $700,000,000,000 bailout […]
Every new controversy demands a look at similar situations of the past. Just what is a bailout anyway? In the early 80’s, Lee Iacocca arranged a government loan and tax concessions to bring Chrysler Corporation back from the brink of bankruptcy— during the Carter Administration, to save you a Google.
The economic domino effect of […]
Do any of you know about the day our country’s water was on fire? If you are my age or older or just a history buff, this day will be in your mind forever. The day I’m talking about is the day Japan bombed Pearl Harbor in Hawaii, on Dec. 7, 1941.
This was also […]
Who do you think uses smoke screens the best? If you would ask that question in a questionnaire, you might be surprised by the answer you might get. Most of the time you might get these. One would be the U. S. government and the military. They have used smoke screens against us for years […]
President George W. Bush once famously declared: “I’m the decider, and I decide what’s best.” But when it comes to environmental issues, especially global warming, Bush often sounds more like the dissembler than the decider.
Throughout his presidency, Bush’s so-called leadership on global climate change has lurched from outright stonewalling in the early years, when he […]
Almost two years ago when so many candidates announced they would run for president, there was much excitement in the air even then. Those first crowded debates were wrought with various opinions about what were the most important issues facing our country. In a matter of months the choice for a Republican candidate was picked […]
No one can say that saw the Democratic convention that it was not a spirit filled, upbeat event. There were several well liked headlining speech givers such as Ted Kennedy, Hilary Clinton, Bill Clinton, and even the wife of Obama, Michelle, gave a speech that was great by the standards of anyone. The Democratic convention […]
Who knows for sure where the phrase the smoking gun might have originated. It could have been first said in Europe not long after the firearm was invented or it might have been coined in the old west of America. Wherever it was first came up with, it is used as a way to specify […]
