Category: finances

  • Lloyd Lofthouse

    The Evolution of a National Burden – Part 4/7

    To pay off debt and fund the growing pains of a nation becoming an expanding global empire, Congress passed the 16th Amendment to the Constitution on February 3, 1913 establishing Congress’s right to impose a Federal income tax.

  • Lloyd Lofthouse

    The Evolution of a National Burden – Part 3/7

    In 1787, the concept of universal healthcare did not exist anywhere in the world, so how could America’s Founding Fathers be against something that did not exist?

  • Lloyd Lofthouse

    The Evolution of a National Burden – Part 2/7

    Can you survive on $132.96 a month? Many of Wal-Mart workers can’t so they turn to food stamps.

  • Lloyd Lofthouse

    Each President’s share of the US National Debt

    Former President G. W. Bush is responsible for more than $6 Trillion of the National Debt. That is almost 38%.

  • Lloyd Lofthouse

    The Evolution of a National Burden – Part 1/7

    The US was born in debt and every war added to the debt until the Reagan era when deficits exploded.

  • Lloyd Lofthouse

    Nate Silver, Winning Elections and Planned Obsolescence – Part 2/2

    It’s great to love your country, but what about honesty?

  • Lloyd Lofthouse

    Nate Silver, Winning Elections and Planned Obsolescence – Part 1/2

    I didn’t ask for China but that’s what I got. Any site that mentioned America only bragged about how great Made in the USA was.

  • Lloyd Lofthouse

    Originally posted on InsideTimsHead: As the election drew near, many political and stats junkies (like me) became fans of Nate Silver, aka @fivethirtyeight, the shrewd political number-cruncher and blogger for the New York Times. His way of aggregating the most reliable presidential polls into megapolls, and factoring in those polls’ historical accuracies, was considered by some to be as revolutionary…

  • Lloyd Lofthouse

    Discovering the four Koch Brothers – Part 3/3

    The Koch brothers vastly outdid Exxon Mobil in giving money to organizations fighting legislation related to climate change, underwriting a huge network of foundations, think tanks, and political front groups.

  • Lloyd Lofthouse

    Discovering the four Koch Brothers – Part 2/3

    “From 1999 through 2003, Koch Industries was assessed more than $400 million in fines, penalties and judgments.”