Tag Archives: National Debt

Real Life, Real Money, Not a Reality TV Show

ByPatricia L Johnson and Richard E Walrath What is it going to take for the voters in this country to pay attention to the major problems this country is facing, rather than listening to the latest gaffe by former V.P. … Continue reading

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The Great U.S. Economy, that isn’t

        By Patricia L Johnson and Richard E Walrath The problem with any economic number released in the U.S. is the fact a large majority of voters are basically clueless when it comes to the actual meaning … Continue reading

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The Digital Sovereign or SOV

By Patricia L Johnson and Richard E Walrath Most of us have heard of “Bitcoin”, but how many of us know anything at all about the SOV?  The SOV is a cryptocurrency soon to be released by the Republic of … Continue reading

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U.S. National Debt – Cause and Effect

By Patricia L Johnson and Richard E Walrath Each year the CBO, Congressional Budget Office, releases a report titled The Budget and Economic Outlook with their projections for the period beginning the year it’s released and containing projections for the … Continue reading

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The Two Sides of Truth a.k.a. Deficit 101

Opinion by Patricia L Johnson We can generally assume there are two sides to any statement, which has been made abundantly clear in the Treyvon Martin, George Zimmerman shooting. There is the George Zimmerman version that he shot the young … Continue reading

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How Much Do You Know About the Bush Tax Cuts andTheir Impact on our Deficit and National Debt?

By Patricia L Johnson Each year the bipartisan Congressional Budget Office (CBO) completes a projected budget for the next decade. The CBO projection in 2001 for the 10-year period of 2002 through 2011 indicated budget surpluses totaling $5.6 trillion dollars1  … Continue reading

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Zeroing in on the Zero Hour – An Open Letter to the Editor of The American Legion

By Richard E Walrath The following is in reference to Brian Riedl’s “Zero Hour” commentary posted in the September 2011 edition of The American Legion. Does the American Legion plan on having a similar opposing article in the near future? … Continue reading

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Now Is the Time to Call In the No Interest Loans

By Richard Walrath and Patricia Johnson Speaker of the House, John Boehner (R-OH) made the following statement on May 5, 2011, “Nothing is off the table except raising taxes”, as quoted on the speaker’s blog . The comment was made in … Continue reading

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The Dog in the Manger

By Patricia L Johnson and Richard E Walrath “The gap between the rich and poor is increasing. Some are living to eat, while others are struggling to eat enough to be able to live.” ~ Anna Hazare [Given name Kisan … Continue reading

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“That Old Trickle-Down Thing Wasn’t Working”

Opinion by Patricia L Johnson There are some politicians you just plain like whether or not you agree with their politics. President Ronald Reagan was one of those people. He had a winning personality and even if you disagreed with … Continue reading

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What would Warren Buffett say to the National Commission?

By Patricia L Johnson and Richard E Walrath President Obama’s Executive Order of February 18, 2010 established the National Commission on Fiscal Responsibility and Reform whose mission includes: “identifying policies to improve the fiscal situation in the medium term and … Continue reading

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What Was the Intent of Our Founding Fathers on Taxes for the Rich?

By Richard E Walrath and Patricia L Johnson The very first year the U.S. began taxing there were 7 tax rates beginning with the minimum tax rate of 1% and a maximum tax rate of 7%. It appears our founding … Continue reading

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