Terrorism: Redefined?

For those individuals living in a cave on September 11th, 2001, I would like to introduce a few groups that the U.S. State Department deems as “foreign terrorist organizations.” I thought that by doing so, it might help people understand the true meaning of the word “terrorism. There are 48 on the foreign list: We’ll…

“I inherited….a AAA credit rating…”

For the first time in U.S. History, our financial standing in the world has been downgraded. Our credit rating was given the boot by Standard and Poor’s, (“S&P”) after repeated warnings of the possibility.  Our AAA credit rating, since its establishment in 1917, has endured World War I, the Great Depression, FDR’s big-spending presidency,  World…

Baseline Funny Business

While I sit contemplating the yet-to-be-passed-in-the-Senate debt deal, I feel that many people mulling over this compromise lack an understanding of exactly what the proposed “cuts” in the bill mean. It’s not hard to see why. Most individuals, when constructing a household budget, do not typically plan ahead to spend more than what’s coming in.…