Commentary & Opinion

For elderly women who cut coupons in order to survive in their Florida apartments;  for pensioners accustomed to monthly checks;  for those who were saving for that condo in Tucson, the world as they have known it will be gone.  Although politicians cannot say it for fear of generating public panic, the globe is so awash in debt that fiat money, cash reserves and savings will all be in a perilous state in the not too distant future.

There’s a danger for commentators who gather listeners with age.  It’s a trap to be avoided at all costs; too easy to fall into and escapable only with the greatest of difficulty…  as this commentator can now attest, from bitter experience.  The trap?  A wily metamorphosis that turns commentators into ‘cussed’ curmudgeons.

The President of the United States has some tough questions to answer.  And how he answers might determine what he can do over the next four years, whether he’s effective or lame-duck, an elitist or a man of the people.