I recently stumbled upon the exact figures of US Debt to the Penny which as of a second ago indicated that public debt outstanding was $11,043,588,980,678.90. The latest monthly report is available here. I was very surprised to see we still had such debt given this prediction to have the debt paid off by now. The FAQ encourages us, the private citizens, to help pay off this debt with the following statement…

My friend sent me a funny link about CNBC that brought forward a few thoughts about assets. What I am about to write you can and should safely ignore as it is likely to have little to no impact on your life. If you know me, you already know I don’t know anything and carry my cross like everyone else in the world. If you don’t even know me, how can you take what I say as anything of value, anything to use as basis for even a simple decision…

Growing up in an apartment building, we had a hallway that had four doors to four homes. My mother would always clean the entire hallway but for some reason our neighbors would only clean the small area between their own door and the hallway entrance. It would always puzzle and bother her why they only cleaned in front of their door. Did they think dust in other areas would not move? A few years later…

At dinner, I mentioned that I had sent e-mails to our Senator and our Congressman about the economy expressing my concern regarding the enormous proposed bailout package. I didn’t even notice how attentively my almost 6-year-old son was listening to what I was saying until he started trying to articulate in his words what he had understood. Noticing that he needed help understanding what I had just said in grown-up speak, I tried to explain. Here’s what I said…

The recent volatility in the stock markets around the world has put me on an emotional roller-coaster. The governments are doing what they can to prevent a global recession/depression but are they solving any fundamental issues? Absolutely not!

I think of every country as a family. The United States family has an enormous working potential and earns a lot of money for all the good that it creates every day…