Tag Archives: interest rates

Budget Issues Trump Other Scandals

BY FRANK HILL
Reprinted from TelemachusLeaps.com

Or should trump them, at least.

Despite all the consternation about the Obama Administration and Benghazi, the IRS harassment of Tea Party groups and the AP phone records being monitored, we still have a country to run.

Somebody better be paying attention to our spending and deficit/debt problems or else it really won’t matter if the Obama White House is lying about any of the above 3 scandals now a-brewing.

They are all important issues of governance or malfeasance, however you want to call it.

But none of them can do the damage to our future that out-of-control spending can cause because our debt gets too high and then, when interest rates return to ‘normal’? It either crowds out other essential functions of government or inflation rears its ugly, ugly head and everyone suffers. Especially the elderly, poor and infirm. Continue reading

Doesn’t Matter Which Way You Go

BY FRANK HILL
Reprinted from TelemachusLeaps.com

We were talking to a friend yesterday about the stock market recovering to exceed its peak of 2007, right before it fell to its valley when the banking system nearly evaporated in 2008.

Remember? That was not that long ago, you know.

‘There’s something that just seems ‘odd’ about it all’,┬áhe said.

The current state of affairs in America reminds us of that great Socratic philosopher in ‘Alice in Wonderland’, the Cheshire Cat when he counsels Alice Continue reading