The Warning of David Stockman – video added

David Stockman a former U.S. Politician and Businessman served as Republican Representative from the state of Michigan (1977-1981).  He then served as the Director of the Office of Management and Budget during the Ronald Reagan’s First Term in Office (1971-1985). As mentioned in Jim’s Show this morning, Mr. Stockman had some dire warning regarding the Economy.…

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Connecticut Republican Legislators Gearing up for November 2012

Like the federal budget the state of Connecticut’s debt keeps rising.  At the time of this writing the states debt is  $40,629,690,000+ and rising despite tax hikes and new taxes levied on services such as pet grooming, hair cuts. The states debt clock can be found here:  http://www.usdebtclock.org/state-debt-clocks/state-of-connecticut-debt-clock.html The Connecticut Republicans are now asking “Can…

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So much for the “fix”

We did a post last week concerning the July 24 prediction made by Secretary of the Treasury, Timothy Geitner, that, if a “debt ceiling” deal wasn’t reached that afternoon, our stock markets would tumble dramatically on Monday, July 25.  The DOW did fall by 88 that Monday.  Certainly not good, but hardly the calamity predicted.

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