JAPAN NOW HOLDS MORE U.S. DEBT THAN CHINA
The Chinese are selling their holdings and last week Japan took over first place with $767.8 billion of Treasury bonds supplanting China’s holdings of $755.4. Having only attained a high school diploma, I have huge difficulty how all this debt nonsense works. Over the past year the Federal Reserve has been buying Treasury bonds, so [...]
NO WONDER EDUCATORS EARN LITTLE RESPECT THESE DAYS
Professor Richard Levin, President of Yale recently visited England on a lecture tour. In one of his interviews he predicted that Oxford and Cambridge Universities as well as the other six American and two London Universities that make up the top ten learning institutions in the world will not only be overtaken by Chinese institutions [...]
RUSSIA WINS THE COLD WAR
Many of us think we won the Cold War when President Reagan ordered Mr Gorbachev to tear down the Berlin Wall. However in Russia, Mr Putin and his heavies have been able convince the poor dumb populace that thanks to them America has in fact been beaten and is in a rapid state of decay. [...]
International Diplomacy – What a JOKE!
I think the United States of America has its head in the clouds when it comes this current administration’s handling of international affairs. Firstly I thought the deal to invade Afghanistan was to root out Bin Laden and here we are seven years later, still no sign of which rat hole he is hiding in [...]
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