Best of Dennis – Push The Handle, Raise The Chain, There Goes The Dollar…

Best of Dennis… Dennis is taking a break to rest, and will be back writing very soon. Here’s an article that is worthy of a re-read in these times. This article was originally posted on September 21, 2023. Push The Handle, Raise The Chain, There Goes The Dollar… Since the 2008 bank bailouts, government spending, deficits and debt have hit […]

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Push The Handle, Raise The Chain, There Goes The Dollar…

Since the 2008 bank bailouts, government spending, deficits and debt have hit historic proportions, with no end in sight. US debt was around $9 trillion in 2008, and will soon hit $45 trillion. How can the political class justify such irresponsible, outrageous behavior? Congresswoman Alexandria Ocasio-Cortez (AOC) (former waitress and bartender) advocates the Modern Monetary Theory (MMT). Investopedia defines MMT […]

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I Can Feel It in My Bones…

This is one of the most difficult articles I’ve ever written. It’s from the heart, and I’m worried. Premonition is defined as, A strong feeling that something (generally unpleasant) is about to happen, “He had a premonition of imminent disaster.” If an intuitive, imminent, gut-wrenching premonition (fear) grips your mind and body comes true, you will never forget it. I […]

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Fiat Currency Should NOT Be Blind Belief – Part 2

Congress just keeps spending money we don’t have. It took just five weeks to add $1 trillion to the national debt after Congress authorized yet another increase in the debt ceiling. The US debt clock projects our borrowing out to 2027 – it is scary: It now takes over $1 trillion in taxes just to pay the interest, which has […]

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Does Anyone Care About Drowning in Debt?

James Rickards’ article, The Accelerating Countdown to Armageddon tells us: “Those who focus on the U.S. national debt (and I’m one of them) keep wondering how long this debt levitation act can go on. We’re accumulating debt at a substantially greater rate than we’re growing the economy. Basically, the United States is going broke! …. When is the debt-to-GDP ratio […]

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The Debt Ceiling Charade Amid Screams About Social Security

During the State of the Union Address, the president said the Republicans want to cut Social Security. Several boos were heard; Rep. Marjorie Taylor Greene shouted “liar!” The pushback was swift; a nonsense deflection of the major problems facing America. Social Security accounts for almost 20% of federal spending, approximately $1.25 trillion. By 2034 it’s estimated to only be able […]

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Eventually Has Finally Arrived!

When the Fed bailed out the banks in 2008, flooding the system with trillions, you just knew high inflation would be the result. It just had to happen! The government jumped in, borrowing trillions more at historically low interest rates. Not willing to let rates rise to free market levels, the Fed simply created money for the government and put […]

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Step Right Up, Get Your Stimmy Checks!

Who wouldn’t want FREE money? Politicians love it and citizens gladly accept it. Stimmy checks?? The Government Accounting Office touts, “The federal government made direct payments to individuals totaling $931billion.” That does not include student loan forgiveness or other government handouts. Now the states are getting into the act. Yahoo supplies the current scorecard, “These twenty states are sending out […]

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Bad Decisions Are Causing BIG Problems

Since the 2008 bank bailouts, readers regularly ask, “what the hell is going on?” I’m not an economist, but I’ll try to explain things – and it isn’t pretty. A major plank in problem-solving is, “Look at the consequences of your decisions, don’t let your solutions cause bigger problems.” “You can choose to ignore reality; but you cannot ignore the […]

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