Here’s the basis for this essay, from New Economic Perspectives. Conclusion: One sector’s deficit equals another’s surplus. All of this brings us to the important accounting principle that if we sum the deficits run by one or more sectors, this must equal the surpluses run by the other sector(s). Following
An open letter to Debbi Wasserman Schultz: I’m a root cause person. I like to dig into root cause and find out why an activity was performed in the way it was performed. I also start from the position that no one who is senior in any organization is stupid.
This morning, President Obama asked the FCC to put in place strong rules to protect the Internet. Every day, the Internet unlocks countless possibilities for creation and innovation. And one reason it’s been so successful is a level playing field: Most service providers have traditionally treated all Internet traffic equally.
President Obama announced today that in the spirit of bi-partisanship he will agree to repeal Obamacare. The press release follows:
Last week the Japanese central bank announced it was buying most if not all of the next issue of Japanese Government bonds. Aka: Government debt. Stock markets wet sharply up around the world at this “good news”. We’d point out the timing of the “good news” by a US ally
We believe the Salafi’s, the Muslim Fundamentalists wish to reestablish a Caliphate in the Middle East. This also is ISIS’ goal, the goal of the Wahhabis of Saudi Arabia, and others in the Middle East. The majority of the world’s Salafis are from Qatar, UAE and Saudi Arabia. 46.87% of
The Center for American Progress has published a report: Excepts from the summary, focused on Irony, follow: Center for American Progress Stagnant wage growth are holding the economy back. We use the financial statements, known as 10-Ks—the annual report required by the Securities and Exchange Commission, or SEC—of the top
President Obama spoke to service men and women at MacDill Air Force Base yesterday about the U.S. strategy to degrade and ultimately destroy ISIL — a terrorist organization that is killing innocent, unarmed civilians in both Iraq and Syria. ISIL, also known as ISIS or the Islamic State, is also
President Obama, in meeting with NATO leaders in Wails, has formed a new, improved coalition of the willing to combat ISIS, which is believed to be better than Bush’s coalition of the willing for Invading Iraq. Better because of both Obama’s Golden Oratory, and his behind-the-scenes threats, were much more
Much is written and discussed about domestic abuse, which is mostly understood as men abusing women. Or escalating to domestic violence where men hit women. The definition on Wikipedia illuminates this conventional wisdom. Domestic violence (closely related to domestic abuse, spousal abuse, battering, family violence and intimate partner violence) is