The headline on July 15 was knee-slapping funny: Obama says he’s “ready to move” on debt ceiling. Really? The man who dug a deeper debt hole in two years than anyone else did in 8—or 15—is willing to borrow more? Say it ain’t so. For those who believe Obama’s some sort of deficit hawk, let’s… [Read more…]
July 20, 2011
Your FICO score is a number between 380 and 820 (or something like that) that banks use to determine your credit worthiness. The higher your FICO score, the better. But that’s not what I’m talking about here. I’m talking about your FICA score. Your FICA score is the minimum payment on your federal loan. You… [Read more…]
July 18, 2011
Why not? Kids have a clean slate when it comes to credit scores. Sure, they don’t have a long history, but you can help with that. And you can buy that 56-inch 3D LED TV you’ve been craving. In a few months, you might even be able to buy a new car—on your kid’s credit.… [Read more…]
July 12, 2011
Obama showed his breaking point today. The stress got to him. Today Obama threatened to stop Social Security payments if Congress doesn’t bend to his will on the debt ceiling. The president told reporters that there may not be enough money to pay Social Security benefits on and after August 3rd. But the President lies.… [Read more…]
July 12, 2011
With the debt ceiling negotiations closing in, it’s worth looking to Thomas Jefferson. Jefferson was very opposed to federal government borrowing. (He was less concerned with states borrowing.) What I love about the quote below is Jefferson’s concern for leisure time. "To preserve [the] independence [of the people,] we must not let our rulers load… [Read more…]
June 14, 2011
Even though they became ubiquitous when he was an undergrad, Obama just now discovered that ATMs reduce foot traffic in banks. Then again, they probably didn’t have the machines in the Kremlin where he spent his semester abroad. But the twits are sure having a blast with the news (me included). Exit question: you think… [Read more…]
June 3, 2011
“It” could refer to anything. Anything at all. In this case, though, I’m referring to unemployment. Well, maybe I’m referring to the economy overall. Unemployment rate rises to 9.1%, 54K jobs added « Hot AirObama has increased regulation, seized entire industries (auto, student loans, commercial banking, medicine), and borrowed more money faster than all previous… [Read more…]
May 10, 2011
David Brooks—the former conservative—skewered the University of Missouri St. Louis yesterday. Brooks wasn’t aware, and UMSL administrators don’t read. But some of us caught it. Brooks wrote of The Missing Fifth. Did you know that 20 percent of American men in their primes don’t work? Americans should be especially alert to signs that the country… [Read more…]
April 14, 2011
Four men risked their political lives to help solve the problem of our lifetimes, but they forgot to massage Steve Tilley’s monstrous ego. When John McCain (R-AZ) and Roy Blunt (R-MO) agree with Michele Bachmann and Rush Limbaugh, you can bet the issue is beyond debate. In this case, the issue is the massive U.S.… [Read more…]
July 22, 2011
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