Monthly Archives: July 2011

Is the USA a Ponzi Scheme?

The following quote is from Wikipedia. It describes the way that the Madoff Investment was enabled by others that watched the Ponzi Scheme in operation and did nothing to prevent the fraud.  Read the description of the scheme.  We’ll later … Continue reading

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The Economic Solution is Easy Stupid

The economic solution is easy. We have to increase tax revenue without increasing middle class taxes.  We have to increase the number of jobs in the USA.  We have to make our products more competative with foreign products.  We have … Continue reading

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The Decline of the American Middle Class

A lot of people say they are deeply puzzled by the slow recovery   in the U.S. economy.  They look at the 9+% unemployment rate and the mediocre   growth in national output, and they scratch their heads and wonder: Where is … Continue reading

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