Daily Archives: August 7, 2011

The Civil War costs and benefits suggest Lincoln was wrong.


I’ve just finished watching Ken Burns “The Civil War” and (as usual) I think I’d argue a very unusual position in terms of what the North and South “should” have done given the massive cost in lives and prosperity and … Continue reading

Posted in civil war, history, travel | Tagged , , , , , , | 20 Comments

USA Debt Rating Downgrade to AA+ is from our failure to cut defense and entitlements


S&P’s decision to downgrade the US debt rating from AAA to AA+ is very unwelcome news but it should not surprise anybody, especially in Washington where neither party has been willing to tackle the deficit or the debt in a … Continue reading

Posted in bailout, china, Debt and Deficit, Democrats, Founders Party, Globalization, india, investments, military, Politics, Poverty and Development, Republicans, US History | Tagged , , , , , , , | 1 Comment