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US Government Will Go Bankrupt

This fall, the US government might go the very same way as Detroit and end up filing for chapter-11 help. In other words, it will end up asking itself to bail itself out. Now, isn’t that a neat little...

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Yes US Needs Immigration

The Border Security, Economic Opportunity, and Immigration Modernization Act. It’s a mammoth of a reform bill and runs 844 pages (plus 350 pages of annexes). A needed overhaul of the 1986 law, but it...

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Obamacare, Washington and Wall Street

When Obamacare was thought up it was more than just a presidential pledge to woo the poverty-stricken Americans into believing (and voting) that healthcare should be provided for all and sundry and...

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USA : Last One to Leave Turn Out the Lights

The USA is turning into a sorry state of affairs. But, it only has itself to blame. The successive governments for the past decades have done nothing but increase the debt ceiling in the country. The...

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Households Spooked by Financial Markets

Once upon a time it was only fear that we had to fear and nothing itself according to Franklin D. Roosevelt. The financial crisis managed to do many things, but one thing it did and that it is still...

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Where Washington Should Go for Money: Havens

As the US government shutdown enters its 7th day today it looks as if we shouldn’t be holding our breath unless we want to go blue in the face in the hope that there might be a compromise or somebody...

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USA: Uncle Sam is Dead

Isn’t it wonderful how the US believes (whether that be the citizens or the politicians) that the state will never default on its debt repayments? It’s the unfailing belief that your country will pull...

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Obamacare: I’ve Started So I’ll Finish

There are people that are like magnates when it comes to raking in the millions and there are some that have an even stronger pull than usual where finances are concerned. As Warren Buffet openly...

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US Still Living on Borrowed Time

Dreams usually come to an end when we get to the good part. The juiciest part of the American dream has ended too; except the country will be waking up in the middle of the cold dark night and see...

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Obama’s Obamacare: Double Jinx

There are times when things are jinxed from the very moment they have been drafted into blueprints and right up until the moment they are conceived. There are just times when it would be probably...

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