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It appears that we and our government have not learned anything in the last 2,064 years. Why do I say this? In the year 55 BC, Cicero, a Roman citizen, wrote the following: "The budget should be balanced, the Treasury should be refilled, public debt should be reduced, and the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." ...more
November 9, 2009
"The budget should be balanced, the treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living off of public assistance." Cicero - 55BC. Apparently Cicero was the Ron Paul of that era. ...more
March 20, 2009
The federal rescue of the nation's financial industry has perplexed the average taxpayer, who cannot find out how the money has been spent or see how it's helping anyone in the neighborhood. ...more
January 20, 2009
JPMorgan Chase said today it plans to lay off 300 people from its Seffner Treasury and Securities Services campus and shift the work to offices in the Philippines and India. ...more
October 25, 2008
JPMorgan Chase said Friday it plans to lay off 300 people from its Seffner Treasury and Securities Services campus and shift the work to offices in the Philippines and India. ...more
October 25, 2008
Two top executives in the state's Department of Financial Services have been forced out after an audit that was critical of the agency's internal controls. ...more
September 28, 2008
Taxpayers' share of federal government loans and bailouts made last week approaches $1 trillion. ...more
September 21, 2008
Congress sent President Bush an $8 billion rescue package for the federal highway trust fund Thursday. The infusion comes as the trust fund, which relies on declining revenue from the federal gas tax, verges on going broke, threatening road and bridge projects in every state. ...more
September 12, 2008
"The Income Tax Relief Measure Comes at Expense of Debt" article in last Friday's paper, by Jim Abrams, clearly defines the policy and lack of principles of the Senate regarding tax cuts, spending increases and who pays the bills. Further, to have this White House praise the 100 senators' actions opposing the 435 representatives of the House's action, confirms our bankrupt policy. That this action could have closed loopholes to pay for the $50 billion peoples' programs only confirms that it is the working class wage tax that pays the national debt. The Senate and White House strenuously continue to protect the loopholes in the $200,000 range, which is the rule of thumb when big money is involved. It's a double win strategy for the Republicans in a losing year in that, like Sherman's scorched Earth policy, it leaves little in the treasury for the incoming "public servants," which may or may not be a blessing. ...more
December 11, 2007
Rome has the Trevi Fountain, and Las Vegas has the choreographed dancing waters outside the Bellagio Hotel and Casino. ...more
September 19, 2007
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