Although the European bank solvency crisis is called a “sovereign debt crisis,” it’s really the problem of the banks who hold the bad debt. Beyond that, however, it points …
By David Tulis I have been trying to wrap my head around several facts that come from alternate universes. One is the tremendous asset base of commercial government, as …
A terrifying account in the Sunday editions of the Chattanooga Times Free Press explains why my family and I spent about F$200 this week on books, including a copy …
The debt in pictures (Please read Part 1 of this essay here.) Look at “Chart 1, U.S. Government Debt vs. Household Debt, 1996-2013.” Notice how households went on a …
Once upon a time investing in stocks was about value. When you buy a share of stock, you buy a stream of future payments. Question is, how much do …
Deputy A.J. Ross of Rutherford County, Tenn., gives trouble to Chris Kalbaugh, 21, a Middle Tennessee State University junior, in this video posted July 4. Such abuse, said to …
Walter Burien explains how composite or commercial government keeps two sets of books, the budget and the comprehensive annual financial report, or CAFR. This two-hour talk’s first 10 minutes …
Every year Chattanooga and Hamilton County publish budgets which discuss the balancing of revenue (from taxation) and expenditures, ostensibly for the good of the client public. Last week Jim …
