Greece

National Debt Time Bomb (Opinion)
National Debt Time Bomb (Opinion)
We’ve had a running discussion on Top Story about the size of the national debt.  Officially, it’s just below 20 trillion dollars.  One billion is 1,000 million.  One trillion is one thousand billion.  Times that by twenty!  Some even warn the 20 trillion dollar figure is wrong, and because of unfunded liabilities (pensions and health benefits for government retirees), the number could be many tim
Commentary: A Happy Slinky Tune for a Great Depression
Commentary: A Happy Slinky Tune for a Great Depression
With Greek insolvency threatening to upend the global order I decided to put a happy face on the tragedy. My own lyrics but a favorite childhood jingle: What breaks down banks, alone or in droves And makes a Democrat sound A buck, a buck, a valuable thing Everyone knows we’re bankrupt We're bankrupt, we're bankrupt It’s sad, it’s a decrepit ploy We're bankrupt, we're bankrupt, it’s sad It’s a dec