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Tag Archives: Insolvency
More on the cost of reality
I love that the debate over stripping public unions of the collective bargaining rights has degenerated into an argument, essentially, about protecting union negotiated entitlements. In embracing this debate, both sides have distracted themselves from reality again–that is, the thing … Continue reading
Posted in Economy, Education, Government, Nations, News, Politics, Society, Spending, United States, World Watch
Tagged Budgets, crises, Debates, deficits, disasters, failures, Insolvency, missing the point, money, Ohio, partisan, Politics, unions, Wisconsin
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2011
For 2010, I attempted to read the proverbial tea leaves and predict the future, with mixed success. Over the last year, I came to realize that it matters less to me whether I can call an event correctly before it … Continue reading
Posted in Afghanistan, al Qaeda, Economy, Government, Iran, Iraq, Israel, Myanmar, News, North Korea, Pakistan, Politics, Predictions, Somalia, Syria, Taliban, United States, Venezuela, World Watch
Tagged 2011, acts of terrorism, Afghanistan, Economy, Government, Insolvency, Iran, Iraq, Israel, Medicare, North Korea, Pakistan, Social Security, Somalia, Spending, Syria, Terrorism, uncertainty, United States, Venezuela
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Change nobody wants to believe
Worldview Item of the Day
No one wants to believe it will happen, but our governments, at least at the federal and state levels are going to go bankrupt. While people try to deny this is where the United States and the socialist governments of the industrialized world are headed, the evidence is already clear.
One glaring example of this evidence is the rapidly approaching insolvency of Social Security and Medicare. These two programs, upon which millions upon millions of Americans have chosen to rely, are going to cease to function as they were promised, very likely within the next decade. This cessation will result in benefit cuts to current recipients and benefit elimination for people not yet receiving benefits. […] Continue reading
Posted in Economy, Entities, Government, Nations, News, Preparedness, Quid Facis, Spending, United States, West, the, World Watch, Worldview Item of the Day
Tagged Bankruptcy, Insolvency, Medicare, Preparedness, Social Security
2 Comments
