Tag Archives: Debts

Time for a book?

Dear readers it seems I have to suggest some literature for you. Check out the following books: “Bailout nation”, “Credit Card Nation” and “Human Action”. In 1998 there was a nation-wide negative saving rate at work. And you know that … Continue reading

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Now it's official

The non-plan about a “voluntary” debt cut, is gone. Wel if you have followed this blog you know this hardly can be told to be a suprise. At first If I’m having the bond I have the right to get … Continue reading

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Going back in time

One of the nice and bad things about Internet is that you can find things you once wrote. This is what I found: http://fdominicus.blogspot.com/2008/09/watch-closely-what-candidates-do.html Now what has changed? Obama still is clueless. But no other has any more clue but … Continue reading

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Think about it

even if not for all to long. What has Obama said before he was voted? What of these things has he fullfilled? If you find he has delivered what he promised, vote for him again. If you think he has … Continue reading

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Now I understand what Obama meant

in his past tries to win this election (which unfortunately he did win) His motto was: “Yes we can” I was always puzzling, “what the hell does he mean with “we caan” “. And now I know. He just mises … Continue reading

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Let's think a little bit

Well maybe thinking is a litttle to much maybe speculate would be the better word. As you may have read, Euro land is in as deep trouble as the US. It’s an open question who really is the worse, but … Continue reading

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Who could be suprised.

Ok the debt ceiling was risen and surprise surprise Obama want a new program of around 300 billions to “stimulate” the economy. http://mises.org/Community/blogs/fdominicus/archive/2011/08/01/what-a-suprise.aspx The Addicted get another round of their stuff, and they are using it. This time for “something” … Continue reading

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After all this years.

The same simple questions, I asked 3 or more years ago remain unanswered. How can even more cheap credit solve a problem which was caused by too much credit? Now 3 years later and 4 000 000 000 000 later, … Continue reading

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That was overdue

Finally and it serves the US right, Especially Mr Yes-we-can president Obama. The USA have lost their highest credit-ranking. It would have been better they would have been downgraded some 3 years ago. But better late than never. 14 Trillion … Continue reading

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The US could do us all a favour

but well I guess who who think they will “shutdown” will be disapoointed. They will raise the limit and may it be a few just a few days in August. They will swear the wildest oats that “this time everything … Continue reading

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