THE PROBLEM The US government’s problem is national debt of $19 trillion. It is also the world’s banks problem. The national debt of all nations is soaring. The debt was caused by national legislatures working with banks issuing fiat paper debt globally. The amount of the debt is enormous. Jim... ...

A politician thinks of the next election. A statesman, of the next generation. – James Freeman Clarke What the statesman is most anxious to produce is a certain moral character in his fellow citizens, namely a disposition to virtue and the performance of virtuous actions. – Aristotle The true statesman... ...

There have been many articles reporting, in most cases, misinformation concerning China’s South Sea dispute, with the Philippines and the United States, by the Western media. It is very apparent that both governments and the media have not read or understood the UN’s Law of the Sea. Most of the... ...

Joseph P. Hawranek, Ph.D. Laws are like sausages, it is better not to see them being made. –  Otto von Bismarck We live in a stage of politics, where legislators seem to regard the passage of laws as much more important than the results of their enforcement. – William Howard... ...

“Infinite growth of material consumption in a finite world is an impossibility”. (E. F. Schumacher) “One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.” (William Feather) “Financial literacy is an issue that should command our... ...

Joseph P. Hawranek, Ph.D. A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain. – Robert Frost The worst thing you can do is try to manipulate or control perceptions. It’s impossible, and when you are... ...

Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences. Vince Cable It is not... ...

Here we encounter two conflicting concepts with which we must come to grips in our time: the idea of national solidarity and the idea of international cooperation. Gustav Stresemann It would be especially tragic if the people who most cherish ideals of peace, who are most anxious for political cooperation... ...

Fairness is what justice really is. Potter Stewart It is not wisdom but Authority that makes a law. Thomas Hobbes Justice in the life and conduct of the State is possible only as first it resides in the hearts and souls of the citizens. Plato Compromise is the best and... ...

“I cannot trust a man to control others who cannot control himself.” – Robert E. Lee -“Everything has beauty, but not everyone sees it.” – Confucius “Think of all the beauty still left around you and be happy.” – Anne Frank “Never lose an opportunity of seeing anything beautiful, for... ...