Author Archives: Scott

There’s going to be another crash. The commercial real estate bubble hasn’t burst yet. That’s going to burst. The credit card debt is so huge right now, it will never be repaid. That’s a house of cards waiting to fall. … Continue reading →

Fuel Taxes Must Rise, Harvard Researchers Say By SINDYA N. BHANOO To meet the Obama administration’s targets for cutting greenhouse gas emissions, some researchers say, Americans may have to experience a sobering reality: gas at $7 a gallon.

…the country is now immersed in a “doomsday cycle” wherein banks use borrowed money to take massive risks in an attempt to pay big dividends to shareholders and big bonuses to management – and when the risks go wrong, the … Continue reading →

Whether it’s textiles in the Carolinas, paper in New England or steel in the Midwest, most industrial cities and mill towns “are on pins and needles,” says Donald Schunk, an economist at Coastal Carolina University. “Day to day, week to … Continue reading →

THIS IS A MUST MUST MUST read Our Mission is Finally Accomplished… Anyone Care? While many scurried to blame Donald Rumsfeld, General Franks or President Bush for losing the war in Iraq, they bet against the American fighting men and … Continue reading →

Maureen “I need to get laid so bad I’m shaking” Dowd tried to be her typical leftwinger snark, and she dreamed how a conversation between President Obama and former Vice President Cheney would have gone. She wasn’t anywhere as snarky … Continue reading →