Month July 2011

Who holds the federal debt

Congressional Quarterly on the federal debt of $14.27 trillion. Almost all of the debt held by the public is “marketable,” meaning that those securities are bought and sold in financial markets. The debt held by the Fed is part of…

Adults taking jobs from teens

The fact that employers are not hiring youth is a trend with real consequences. Fewer summer jobs for youth mean less exposure to work environments and ultimately less time to build the skills and experiences needed for career track employment.…

Both parties equally hated

The combined unfavorable score for both parties — 104 percent — is also a record, and represents the first time that the figure has been above 100. The debt ceiling crisis is a perfect example of why both parties are…

Is the Norway shooter a meth addict?

The Norway shooter’s lawyer says Breivik “is in a bubble”, “very cold”, and took drugs to “be strong, to be efficient, to be awake.” That sure sounds like amphetamines to me; the grandiosity, psychotic states of mind, remoteness, deranged sense…