Extremists would have the government pay the federal debt in full. Andrew Jackson is the only president ever to have paid off the national debt, which was celebrated on January 8, 1835.
Bankruptcy of America
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Politics
Consequences of the Election Surprise
Donald Trump has completed his landmark quest and will become the nation’s 45th President after a contentious and often divisive campaign.
Flaccid Recovery
JPMorgan put together a chart using information from the National Bureau of Economic Research to show how the economy has grown following every recession back to 1948.
My Fellow Americans… How Do Elections Effect the Stock Market?
By the last primary in early June, everyone knows the battle lines. It would appear that they invest accordingly. Then, four months of campaigning for the general election.
Congress gets it act(s) together
For the first time in years, Congress passed a budget bill that won’t require an annual battle over the details. The spending cap is set for the next two fiscal years.
Duty: Memoirs of a Secretary at War
Gates treads lightly when comparing the two administrations. He prefaces the book, and most of his comments wherein he differed with either Bush or Obama.
Raising the Debt Limit
The clock continues to tick towards the August 2, 2011 deadline when the United States debt ceiling limit will be reached. This limit is a key element of U.S. Government financial management. The U.S. Government is expected to receive about $175 billion in tax...
Recovery Injuries
Autumn 2011 In this edition: Market Update: Recovery Injuries “Running a marathon puts tremendous stress on …” Racing Update “… I ran the Long Beach International City Bank Marathon …” by Ralph Bender,...