Detroit bailout? Wait, what about free competition? And all this talk about free international trade?

November 14, 2008.
The US automakers asked the US government to provide them with a $ 25 Billion bailout. Well, the executives said it’s not a bailout, it’s a loan, to allow the US automakers some breathing space to innovate.
Hogwash. Sorry Obama, I support you for the US presidency, but if the US automakers cannot compete [...]

How do you spend $ 1 Trillion each year?

I found a great graphical presentation on how the US discretionary budget is being distributed.
A simple factoid, The United States of America 2009 Discretionary Budget stands at $ 1,182 billion, (hmm…it seems the title of this blog is somewhat inaccurate….). The discretionary budget is being used to fund all cabinet level departments, which in simple [...]