The U.S. Presidential election is on November 3, 2020. The 59th quadrennial presidential election since George Washington founded The United States is this year. Donald Trump can be voted out of The Oval Office.Continue reading
Capitalism is a deflationary force. That means the market system drives prices of goods lower. For instance, since so called democratization of publishing after advent, accessibility, and speed of the world-wide web and new file formats, portable reading devices, and retailers for book publishers, the price of novels dropped astoundingly from over $20 for a hardcover to 99 cents for an e-book today. This price drop represents a 2,000 percent price decrease!Continue reading
Barack Hussein Obama borrowed about $10 trillion dollars to operate his U.S. Administration over eight years, 2008-2016. Barack Obama was the first President in U.S. history to borrow that much money. Excluding George W. Bush who responded to September 11, 2001 terror attacks, the second largest amount borrowed by a President was less than one-third: Democrat William Jefferson Clinton borrowed about $3 trillion dollars.Continue reading
Benito Mussolini was Prime Minister of the Kingdom of Italy from 1922 to 1943. Italy wasn’t a modern Nation State until after Allied Powers, backed by The United States, achieved World War II victory in 1945. Ironically, Mussolini’s rise to power starting 1917 was backed by British forces. In fact, his first defeat in 1919 is attributed to his attempt at more Socialism.Continue reading
In The United States, Americans’ public debt crisis is always in the future. Normally routine, as recently as eight years or two presidential terms ago, Congress had an unprecedented debated over whether to raise government’s ability to borrow, the debt ceiling. There was a debt ceiling debate eight years before that too, in 2003.