Day: December 28, 2011

“Ask a chamber of commerce executive in Wisconsin how the business climate is today, and you’re likely to hear “Wisconsin is open for business.” So starts a puff piece written by Shelley Nelson of the Superior Telegram. Said puff piece gushes about how great the business climate is here in…

Ron Paul is not my hero… But is is a hero to some!

Starting January 4th, the Milwaukee Journal-Sentinel’s online edition, jsonline.com, will begin charging for $2.35/week for access.

Pravda was the official mouthpiece of the Central Committee of the Communist Party of the U.S.S.R.  Imagine my surprise when I discovered that Waukesha has it’s very own Pravda!

One of the qualitative features of Modern Monetary Theory is that nations that have their own sovereign currency are not subject to the same constraints of countries that use another nation’s currency.  A quick look at France and Britain and the reaction of France to a threatened sovereign debt downgrade…

What it isn’t is a “debt our children will owe.”  Foreign ownership of the debt is a small fragment of the overall debt total, the bulk of the debt belongs to Americans (i.e. us).  Professor Krugman explains: People think of debt’s role in the economy as if it were the same…

This just about sums up everything that’s wrong with our current group of elected officials, not to mention our political system in general… Between 1984 and 2009, the median net worth of a member of the House more than doubled, according to the analysis of financial disclosures, from $280,000 to…