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The Bubble That Will Not Burst

Posted by MikeL, 17 May 2013 - - - - - - · 49 views

http://onpoint.wbur....000-500x333.jpg

Student Loans.  They are the great equalizer, the government program that is supposed to enable everyone to get a college education, to lift themselves to a higher level of prosperity, and share the American dream.  By flooding the market with cheap money, the government has prompted inflation...


Growing Old is Awesome

Posted by MikeL, 02 May 2013 - * * * * * · 144 views

As  I've aged, I've become kinder to myself, and  less critical of myself. I've become my own  friend.

I have seen too many dear friends  leave this world, too soon, before they understood the great freedom that comes with aging.

Whose business is it, if I choose to read, or play on the computer until 4 AM,or sleep until noon?    I will dance with my...


Nation of Soft Targets

Posted by MikeL, 18 April 2013 - - - - - - · 101 views

AP's Allen Breed has an interesting  article   appearing this morning in many newspapers.  


We jealously guard our individual freedoms and resist the intrusion of government which might be able to protect us.  We realize that there are a lot of evil people in the world, but they are far outnumbered by the good guys.  So we will continue to present sof...


The Cyprus Syndrome

Posted by MikeL, 19 March 2013 - - - - - - · 242 views
Banks, Confiscation, Currency and 1 more...
Now that it has happened, it seems that it was inevitable. The largest economy in the euro area has abandoned its commitments to one of the smallest. The German Chancellor and Finance Minister, in concert with the euro zone finance ministers, have dictated terms to the Cypriot government. The price for a bailout of the the tiny Mediterranean economy (its...


The New Government Stimulus

Posted by MikeL, 06 March 2013 - - - - - - · 110 views

The Dow-Jones Industrial Average closed at an all time high yesterday. How can that be? The US economy is a shambles. Unemployment and inflation are uncomfortably high. What does Wall Street know that we don't?  

Over the last five years, the government has spent untold billions trying to boost the economy and employment. The Federal Reserve has printed...


The Fiscal Cliff? I get it now.

Posted by MikeL, 31 December 2012 - * * * * * · 244 views

The Fiscal Cliff?  I get it now.     I think I've figured out the current economic situation in the United States.   Lesson # 1:    ● U.S. Tax revenue: $2,170,000,000,000   ● Fed budget: $3,820,000,000,000   ● New debt: $1,650,000,000,000    ● National debt: $14,271,000,000,000   ● Recent budget cuts: $38,500,000,000   Now let's remove 8 zeros and pretend...


A Tale of Two Boners

Posted by MikeL, 27 October 2012 - - - - - - · 168 views

A Tale of Two Boners    It was the best of times, it was the worst of times...    Truth be told, it was pretty bad at any time.   Scoundrels. Tennessee has had more than its share of scoundrel politicians. We didn't realize that's what they were in some cases.   Andrew Jackson may have been the first. (My apologies to his devotees.) Before he bec...


So Long Ago

Posted by MikeL, 13 September 2011 - - - - - - · 303 views

Got a report from my urologist a few days ago.  It seems my PSA is rising while my testosterone remains undetectable.  That's a strange new twist on this journey that started so long ago.  It's an indication that stopping the production of testosterone is no longer controlling the growth of cancer.  I...


Love those grandchildren

Posted by MikeL, 08 September 2011 - - - - - - · 811 views

Here's a true story.  My not quite 4 year old grandson had this conversation with his mother while they were driving through town:      Mom: You cannot  put your hands out the car window.   Boy: Yes, I can!   Mom: No, you  cannot.   Boy: I am calling my attorney.  


Age, Philosophy, and an Unwelcome Guest

Posted by MikeL, 13 August 2011 - - - - - - · 255 views

Having just celebrated my 70th birthday, it seemed a good time to speak out on a subject I consider very important.  If this sounds familiar to you, I apologize.  I published it about two years ago, then withdrew it when my plans, detailed below, failed.

I...





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