Daily Topics - Tuesday March 5th, 2013

Catch The Thom Hartmann Program LIVE 3-6pm ET M-F!
Hour One: Conservatives DO love Big Government - Steve Deace, The Steve Deace Show
Hour Two: Why has the dollar depreciated so much since the 70's? Dr. L. Randall Wray, Modern Money Theory
Hour Three: Why is Obama taking advice from a secretive billionaire?
Comments


"It was slain," not "it was slayed." There is no such word as "slayed".

A great term I saw to replace "global warming" is "HIRGO", which stands for Human-Induced Rapid Global Overheating.
GOP No Divorce Law ..................
Ronald Regan, so called, Gov.of Calif. signed the nations first No Fault Divorce Bill in 1969.
In the down turn in the 70's with so many husband/fathers out of work a mother could apply for welfare assistance for herself and her children, but only after she applied for divorce and brought copies of the paperwork in with her when she applied. That law mandated the distruction of many good, young families. Some years later single mothers on welfare were required to go to work or loose all benifits. This was the second hard hit a single mother with small children had to take. Childcare cost on minimum wage resulted in thousands of latchkey kids.
A GOP no divorce law could force wives and children to stay in a home with husband/father abusers if they require co habitation for assistance this time. What will they dream up next.

Michigan is in fact a giver state. In 2004 (the year my figures are from), it got $0.85 for every $1.00 it provides to the federal government. States should be uneven in this, since otherwise, there would be no point in having federal taxes--the states would take care of those expenditures separately.

Correct as far as you went, however the study of Economics deals with much more than the flow of money.



A marriage is not economic, it's financial. Economics is about the flow of money as a system, i.e. among entities, finance is about the flow of money for entities dealt with individually, usually one at a time. As a human, I have finances, but not an economy.