Tag "debt"

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U.S. unfunded liabilities really more than $200 trillion

In the past I’ve written here about the U.S. federal budget not being $17 trillion in the red, but more than $200 trillion (with a “t”). The calculations come not from some right-wing activist, but from Prof. Laurence Kotlikoff, a

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Train agency ‘raids’ CalPERS for exec talent: Oy vey! 1

March 6, 2013 By Chris Reed When the press release came out Monday that the California High-Speed Rail Authority had recruited a top executive away from the California Public Employees’ Retirement System, a Tweet from former Los Angeles Times journo

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CA GOP Convention delegates urge retired congressmen to help party’s finances 1

March 2, 2013 By John Hrabe SACRAMENTO — Meeting in the state capital this weekend for its spring convention, the California Republican Party is deep in the red. The party’s debt problems are so bad it’s not even clear how

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Explaining Obama 32

Sept. 6, 2012 By John Seiler I’m looking forward to President Obama’s acceptance speech tonight. I’m not a fan of his policies. But for all I pay for our Brobdingnagian Government, the least I can get is the entertainment of

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Video: Mugged by economics: Andrew Malcolm on America’s staggering debt

Sept. 5, 2012 By Brian Calle Here’s my interview with Investor’s Business Daily financial writer Andrew Malcolm. It’s on America’s staggering debt and the economic situation.

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Video: Interview with Steve Forbes on America’s fiscal cliff

Aug. 13, 2012 By Brian Calle This is the second part of my interview with Steve Forbes, the owner of Forbes magazine and a former presidential candidate. He comments on America heading over a fiscal cliff.

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Student loan slavery 27

July 6, 2012 By John Seiler I tell youngsters all the time: Don’t go into debt for college! Not that they listen to me, any more than I listened to my elders when I was their age. At least when

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American Dream Goin’ South

May 22, 2012 By John Seiler People naturally move from depressed countries to thriving countries. That’s especially true when travel between the two countries is easy, as it is between the United States and Mexico. Because so many Mexicans have

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Greece suffers California’s future 0

May 1, 2012 By John Seiler Greece is leading the way for California — off a cliff. The two polities are similar: beautiful mediterranean climate, creative people, massively powerful government-worker unions, busted budgets, impending bankruptcy. Greece is just a little

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Brown Debt Gimmicks 'Balance' Budget 0

JUNE 14, 2011 By WAYNE LUSVARDI Most knowledgeable people realize that California’s debt emperor has no clothes. Even if the mainstream newspaper media continue to clothe the emperor in the robes of an all-wise Buddhist monk who has taken a

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