Notes for Saturday – September 19, 2015

On September 19th, 1778, the Continental Congress passed the first budget of the United States. While the budget may have passed, the states responded poorly to the call for taxes to fund the government, and the government resorted to printing paper money to cover debts. In effect, the first budget was a failure, due in large part to the states not responding to the demands of Congress and the depreciation of fiat paper money. Are we talking about 1778 or 2014 here? Also on this date in 1796, George Washington addressed the nation in his farewell address as president. On …

Keys = Access = Power, by B.C.

My last parent passed away, and I’m dealing with the estate/inheritance. I was the close child and trustee/executor (personal representative). It’s a miracle that all the siblings are still friendly (though there is still money to be paid out)! I will also warn you that it is a LOT of (thank-less) work. One of the projects was to sort out all of their keys. It was no small task, as my father owned his own business. I also decided to do my keys at the same time. I’ve tried to hit all the points, but it is hard to organize …

Letter: Proof the Economy Will Get Worse, From the Dept. of Ed.

Mr. Latimer and Mr. Rawles, While you and the majority of your readers are well aware of the lateness of the hour, some people may still remain unconvinced of the immediacy of the problem. I just received some information which, while a bit obscure, I believe constitutes incontrovertible proof that the economy is about to get worse, much worse. Furthermore, it proves that the government knows exactly what’s about to happen. However, for you to fully grasp the significance of this information, you first have to understand the Department of Education’s Federal Financial Aid program. As a college professor, this …

Economics and Investing:

The typical male U.S. worker earned less in 2014 than in 1973 – B.B. o o o Is the IRS Undercounting Americans Renouncing U.S. Citizenship? – G.G. o o o 7% of U.S. Currency Contaminated by Dangerous Pathogens – T.A. o o o Items from Mr. Econocobas: US Stocks Slump as Investors Mull Fed’s Rate Decision Fed Opens Negative Interest Rate Pandora’s Box: What Happens Next

Odds ‘n Sods:

Thankfully no police were murdered before the truth came out! Black student admits hanging ‘White Only,’ ‘Black Only’ signs near school bathrooms, water fountains – P.M. o o o 1.5 million citizens’ private healthcare records exposed – D.S. o o o Nuclear attack? Duck & cover! – G.G. o o o Fed Judge: Fast and Furious details off limits during trial of Brian Terry’s killers – T.P. o o o “Welcoming” the Third World to Your Neighborhood – B.B.