We are a couple of months in front of an off-presidential year election. Before we go to the polls, we should brush away the political cobwebs that prevent us from seeing clearly what is right under our noses, and so … What is debt inflation? Inflation is a contributory cause in high prices, but inflation is not the same as high prices. Inflation is a government caused market distortion, a reduction in the purchasing power of money. Combined with currency devaluation, it can significantly erode the real value of a currency both domestically and internationally. There are, we know, numerous ways to discharge debt. Ordinary people discharge debt by increasing their income and paying off the debt. There are different ways to increase your assets to pay off a debt. You might increase your working hours, get a raise from your boss, or turn to a life of crime and rob a bank. In any society in which criminal activity is punished, this last option is not, in the long ...
Lamont and Gillett In proving foresight may be vain/The best-laid schemes o’ mice an’ men/ Gang aft agley – Robert Burns At a minimum, the Connecticut Freedom of Information (FOI) law and its Commission, responsible for enforcing the FOI law, have been entrusted by the state legislature to assure an open political process and to guard against insufferable political effronteries to the law. In brief, the law stipulates that politicians and administrators of the public’s business cannot do anything they like all the time; there are limits to the nearly limitless arrogance of Connecticut’s one-party state, always verging, as is common in one-party states the world over, on the razor’s edge of imperious arrogance. In an age in which politicians wish to conduct the public’s business privately and off the record, the internet and legal propinquity threaten to spoil the best laid plans of mice and men. That is exactly what happened whe...