Well, I’ve done it. I’ve come up with an answer for paying off both the funded and unfunded federal debt. I knew there had to be a way and just this morning, the solution occurred to me. There it was all the time; hiding in plain sight.
I did the math and the total federal [...]
Good Morning Middle America, your King of Simple News is on the air.
Several alert readers have asked whether I think it is possible that our leaders really don’t understand the gravity of the situation. The short answer is, absolutely.
I had the opportunity many years ago to work as an outside contractor for a [...]
Good Morning Middle America, your King of Simple News is hot off the press.
U.S. NEWS: The economic news is getting worse as the days go on, with new home sales falling to a 13 year low. At the same time, oil prices are climbing, trips to the grocery are becoming more painful, and interest [...]
Good Morning Middle America, your King of Simple News in on the air.
I’ve got good news and bad news for you this morning, so I’ll give you the good news first.
I was reading a magazine and came across an ad for a new car that gets 50 MPG and costs less than a [...]
Good Morning Middle America, it’s spring time in the Rockies and I’m ready for it.
We have a sign by our front door in the Folkerth house that reads, “If you’re lucky enough to be in the mountains, you’re lucky enough.” On a sunny day in the spring, looking out at the snow covered high [...]
Good Morning out there to the live and sane, your King of Simple News is on the air.
U.S.NEWS: Alan “Cash” Greenspan in past days said, “The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.” He also said [...]
Good Morning Middle America, your King of Simple News is on the air.
For those of you who read this column on a regular basis or have read my book, you know that I predicted a recession by late winter of 2007-2008, nearly a year before it occurred.
I also predicted the housing crash nearly [...]
Good Morning Middle America, your King of Simple News is on the air.
U.S.NEWS: The stock markets rallied yesterday after Bronco Ben and the Inflation Five voted to lower the Federal Funds Rate by yet another 75 basis points or ¾ percent.
Life is good again in America and everything turned out fine. I’m sorry [...]
U.S. NEWS: In 2005, Americans were reported to have negative savings for the first time since the great depression. In other words, Americans as a whole were spending more money than they made; a little trick we learned from our government. Who, by the way, claim no responsibility…for anything.
The negative savings has continued every [...]
March 17, 2008
U.S. NEWS: I am so proud of all of you for bailing out the investment bank Bear Stearns. Did I hear someone say, “That’s news to us.” Surely Bronco Ben Bernanke contacted you prior to pledging federal funds to bail out Bear?
This is the same Bear Stearns whose CEO received $14.7 million in [...]
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