Tag Archives: deficit

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

Bailout Blues + Red Ink = Spending Revolution Needed.


Washington does not understand why taxpayers are so angry about the bailout.   Some pundits are calling this ignorance, but I think to the extent *anybody* can predict things taxpayers know pretty much what is going on here, and realize there … Continue reading

Posted in investments, news, not yet categorized, US History, Venture Capital | Tagged , , , | 830 Comments