Tag: debt
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Understanding the Puerto Rican Blackout: Bank Regulation, Bureaucratic Inefficiency and Leadership
This afternoon I watched the outstanding PBS Frontline documentary, “Blackout in Puerto Rico.” The program unwraps the story of why it took 7 months to restore electrical power to most of the island of Puerto Rico, following the devastation wrought by hurricane Maria in September 2017, and the complicated reasons why the infrastructure of the island had…
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Lessons Learned on our Family’s College Journey (April 2016)
I’ve been needing to write a post for many months sharing some of our family’s lessons learned and where we are on our collective “college journey” with three kids heading to university respectively in the classes of 2020 (Alex), 2022 (Sarah) and 2026 (Rachel). Part of me has been waiting until we “arrive” at a milestone…
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US debt and government borrowing must end now
We must insist our political leaders in the US stop deficit spending NOW. This must happen immediately, and we must get on a debt payoff plan as a nation NOW. If we do not and we persist on our path of ever deepening indebtedness, the consequences will inevitably be catastrophic for our nation.We must insist…