Is life more of a miracle or a mystery? In considering how the Earth was formed and life began, you'd have to say both, but as human beings, can we keep it?
I grew up on a farm, spent four years in the Air Force and later started farming and writing about the same time. I really enjoyed both. The fact that when I was in the National Farmers Organization (NFO), they literally hammered in the members' brains, the farmers' bargaining power and that is the statement: When you sell something - what will you give me? And when you buy something - what do I have to pay? Well, that explains why I got interested in economics.
Then I just read an article entitled, "Nation's largest bank loses $10 billion" by Madlen Read of the Associated Press. Citigroup lost almost $10 billion in the last three months. Evidently poor bookkeeping. Another article entitled "Economic bad news continues" by Martin Crutsinger of the Associated Press says that evidently last year the rate of inflation was up 6.3 percent. Our top banker in this country, Federal Reserve Chairman Ben Bernanke, continues to lower the interest rates and I believe this will make the problem worse.
Now consider that the last time we had that high an inflation rate was 1981. This happened when Ronald Reagan was president and Paul Volcker was Federal Reserve Chairman and he raised the interest rates and we didn't got into a recession. The only difference now, though, is we have hedge fund dealers dealing from offshore, paying no federal income tax and selling those worthless derivatives. We have two Democratic presidential candidates that want to tax the hedge fund dealers and no Republicans.
We have the latest poll showing 55 percent of the people say the economy is the most important issue and 18 percent say the Iraq war. So sooner or later, the media is going to have to start talking about hedge fund dealers and derivatives and you'll find our just why I've been talking about them for the past 15 years. It all gets down to the fact that you have to learn how to run an honest set of books in government and banking and in farming, which is something I learned from Farmers Home Administration, which was really good at the time. Things have to add up.
It's about time Federal Reserve Chairman Bernanke find out what derivatives are and that hedge fund dealers should be taxed, which is something two Democratic presidential candidates are proposing. Democrats used to believe in Paygo (Pay As You Go) and neither party should keep borrowing from Social Security.
I grew up on a farm, spent four years in the Air Force and later started farming and writing about the same time. I really enjoyed both. The fact that when I was in the National Farmers Organization (NFO), they literally hammered in the members' brains, the farmers' bargaining power and that is the statement: When you sell something - what will you give me? And when you buy something - what do I have to pay? Well, that explains why I got interested in economics.
Then I just read an article entitled, "Nation's largest bank loses $10 billion" by Madlen Read of the Associated Press. Citigroup lost almost $10 billion in the last three months. Evidently poor bookkeeping. Another article entitled "Economic bad news continues" by Martin Crutsinger of the Associated Press says that evidently last year the rate of inflation was up 6.3 percent. Our top banker in this country, Federal Reserve Chairman Ben Bernanke, continues to lower the interest rates and I believe this will make the problem worse.
Now consider that the last time we had that high an inflation rate was 1981. This happened when Ronald Reagan was president and Paul Volcker was Federal Reserve Chairman and he raised the interest rates and we didn't got into a recession. The only difference now, though, is we have hedge fund dealers dealing from offshore, paying no federal income tax and selling those worthless derivatives. We have two Democratic presidential candidates that want to tax the hedge fund dealers and no Republicans.
We have the latest poll showing 55 percent of the people say the economy is the most important issue and 18 percent say the Iraq war. So sooner or later, the media is going to have to start talking about hedge fund dealers and derivatives and you'll find our just why I've been talking about them for the past 15 years. It all gets down to the fact that you have to learn how to run an honest set of books in government and banking and in farming, which is something I learned from Farmers Home Administration, which was really good at the time. Things have to add up.
It's about time Federal Reserve Chairman Bernanke find out what derivatives are and that hedge fund dealers should be taxed, which is something two Democratic presidential candidates are proposing. Democrats used to believe in Paygo (Pay As You Go) and neither party should keep borrowing from Social Security.
