The Resilient Household
thestatedtruth.com | November 14, 2010
Hallow’s Evening….Or As We Now Know It, Halloween
thestatedtruth.com | October 31, 2010
Back in (approx.) 823 B.C., the most inventive, charming and clever people ever to grace God’s green earth came up with an ingenious idea. They were, of course, the Irish (at this time A/K/A the Celts). Being bright they did not labor upon the obvious. So they let somebody else invent fire, the wheel, iron, […]
Forbes Ranking of 400 Wealthiest Americans
thestatedtruth.com | September 23, 2010
The cutoff for the Forbes 400 wealthiest americans list is back up to $1 billion after falling to $950 million last year, and on average they are down about 13% from the high mark a few years ago. Bill Gates, the co-founder of Microsoft Corp., remains the richest American with estimated assets of $54 billion, according […]
France Wants To Raise Its Retirement Age From 60 To 62….And The Workers Come Unglued
thestatedtruth.com | September 7, 2010
So…….What’s going to happen here in the good old USA when, not if our congress gets around to this. Hint….. judging from the french reaction,  it won’t be pretty!  If you would like to know more about the demographic problem, just go to Categories on the left and click on Pensions and Retirement. There is plenty to read about on the […]
Paradoxical Thought For Today
thestatedtruth.com | September 6, 2010
 “Fathom the odd hypocrisy that Obama wants every citizen to prove they are insured, but people don’t have to prove they are citizens.”             ~ Ben Stein
The Old Normal Worked Well……So What We Really Need Is A Back To The Future Event
thestatedtruth.com | September 4, 2010
Without tax incentives, this may all be for not……..John Mauldin explains the simple facts of job growth…..Want to increase productivity and jobs? The best way it seems, is to encourage private business, and especially startups. “So we can’t count on the Intels or Microsofts to create employment: we need the entrepreneurs.”  Delta Force There are […]
Distribution Of Net Worth…Getting Current Using Fuzzy Logic
thestatedtruth.com | September 4, 2010
Even after looking at the market’s rebound from the lows of 2009, nest eggs remain severely impaired. As of the first quarter of 2010, net household assets—homes, 401(k) plans, pension assets and other investments minus debts—stood at $54.6 trillion, down an average of 18% from the end of 2007.  We actually think the losses are higher but we’ll […]
A Lesson On Unintended Consequences
thestatedtruth.com | September 3, 2010
This from Art Cashin on the floor of The New York Stock Exchange On this day in 1666, a massive fire broke out in the city of London, England. It began in a bakery on Pudding Lane, which was on the East End (between London Bridge and the Tower). The fire raged into the shop […]
Most Have Probably Never Heard Of NIKOLA TESLA, But He Was The Genius Behind Many New Inventions
thestatedtruth.com | August 25, 2010
NIKOLA TESLA         THE GENIUS WHO LIT THE WORLD             Nikola Tesla was born on July 10, 1856 in Smiljan, Lika, which was then part of the Austo-Hungarian Empire, region of Croatia. His father, Milutin Tesla was a Serbian Orthodox Priest and his mother Djuka Mandic was an inventor in her own right of household […]
Quote Of The Day
thestatedtruth.com | August 23, 2010
Milton Friedman: “The most efficient way of spending money is to spend your own, and the least efficient way is to spend other people’s “If you go out to lunch and have to pay your own bill, you have what you can afford. If someone else is paying, you may just have the steak and lobster.â€.
Alexis de Tocqueville ……Lessons
thestatedtruth.com | August 18, 2010
When pondering new stimulus and home ownership plans that are subsidized entirely on the backs of the population or future generations, consider this prescient quotable: “The American Republic will endure, until politicians realize they can bribe the people with their own money.” — Alexis de Tocqueville (1800’s French historican)– www.ingerletter.com
August 2010 HAPPENS Once Every 823 Years
thestatedtruth.com | August 14, 2010
INTERESTING FACTS ABOUT THIS AUGUST This August has 5 Sundays, 5 Mondays, 5 Tuesdays It happens once in 823 years
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