Latest Comments

• Greece abandons quest to form government, lurches toward new elections

  Sat May 12, 2012
  • What happens here at home when the cost of refinancing our national debt surges to 8 or 10%? Remember that Greece has already laid-off over half of its government workforce, and cut salaries on the balance by 25% or more too, while also cutting back on their government-funded retirement plan too.

• JPMorgan losses revive worries that Washington is unable to regulate Wall Street

  Mon May 14, 2012
  • Posted by Roy Wilson: Let's stand back for a moment and keep one thing in mind - The entire loss at JPMorgan is carried by the stockholders. It did not cost the U S Taxpayers one cent.

• California governor calls for higher taxes, 4-day state workweek to fill $16 billion gap

  Mon May 14, 2012
  • Here is part of California's problem right here:

• At least 100,000 march in Spain over austerity

  Sat May 12, 2012
  • Yes, but our government has been using the Labor Dep'ts U-3 method of figuring our unemployment rate too, which excludes several key groups from figuring the actual rate too, just like we doctor our inflation rate by excluding food and fuel costs.

• Greek turmoil deepens Europe's debt crisis

  Thu May 10, 2012
  • Here is a little US economic history for you naysayers: President Eisenhower-(Republican) served from January, 1953 to January, 1961, during which time there were three recessions, including the 1957-58 Recession, which was bad enough that it immediately killed two major US auto manufacturers, …

• Greek turmoil deepens Europe's debt crisis

  Thu May 10, 2012
  • Yes, a GOP landslide will mean the absolute end of the American Dream for more than half of our population while the top 2% will see their incomes rise by 1000% in 4 years, and America will be driven 100 years backwards to the days of the coal mining strike of 1913, when the police and National …

• Gold! Haiti eyes potential $20 billion bonanza

  Sat May 12, 2012
  • If the early history of our own mining industries are any indication, there will be plenty of jobs for the locals, which won't pay very well, in very dangerous working conditions, where miners and their families will live in squalid company towns, they will shop at over-priced monopoly company …

• Greek turmoil deepens Europe's debt crisis

  Thu May 10, 2012
  • At the end of the story the writer complains about "massive tax hikes and spending cuts" facing US taxpayers unless Congress and the White House manage to "steer around them".

• Votes throw future of euro into question

  Mon May 7, 2012
  • Posted by Roy Wilson:

• Votes throw future of euro into question

  Mon May 7, 2012
  • Like Richard I paid my bills for many years and even had some money left over to spend on fun and on charity too. But then I started losing sight in my left eye, and just like that my 30-year career was over. I'm lucky that I saved enough and I'm lucky that my house was paid down.