The United States of Bankruptcy
By Bill GlynnAmerica is financially, spiritually, morally and politically BANKRUPT. A scathing verdict on the state of this union and 20 things we should do to save our way of life.
"If the united states was a company the board of directors and management team would all be fired and probably in jail."
Monthly Archives: August 2010
By Bill Glynn | Published: August 24, 2010
Recovery? I am really perplexed by the inaction and incompetence in D.C. in even having the gall to claim anything about a recovery whatsoever. THIS IS NOT A RECOVERY! This is a crisis and the mess is far from being cleaned up. After almost $2 trillion has been borrowed, then loaned and spent, the economy [...]
By Bill Glynn | Published: August 19, 2010
The headline below says it all. I’m glad that big executives and business leaders have taken hold of what I have been promoting for two years. It’s a really proud moment for me. PIMCO’s Gross Calls for Massive Mortgage Refinance (Reuters) – Influential bond investor Bill Gross dispensed more policy advice than the U.S. Treasury [...]
By Bill Glynn | Published: August 17, 2010
If you are 18-50, you fall into what I call “Generation Z” – for zero – a generation that will soon be known as “less than zero.” Our social fabric and the American flag have become a tattered piece of burlap. Our judicial elections are bought off with hundreds of millions. The laws of the [...]
By Bill Glynn | Published: August 11, 2010
The much-touted “Summer of Recovery” is turning out to be just the opposite. It is clear that our most conservative monetary body is bracing us for more – and continued bad news. When the Fed speaks, the world listens; but when the Fed speaks with a shaky voice, then we had better pay attention. The [...]
By Bill Glynn | Published: August 3, 2010
Tax the rich! Off with their heads! Did I hear right? Timothy Geithner just said that unemployment is going to go up and the Bush tax cut will stay for 95%. I don’t even need to write one more sentence. This is financial discrimination and a death knell for recovery! It couldn’t come at a worse [...]