Author Archives: Mike Bock

Interest on National Debt Is Consuming The National Budget

Posted on October 4, 2008 by Mike Bock

The $800 Billion bail out package will add to the growing national debt, and with that debt, the interest of that debt will continue to increase. In Fiscal Year 2006, the U. S. Government spent $406 Billion on interest payments … Continue reading →

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See Exact Language For Four Proposed Amendments, One Referendum to Ohio’s Constitution; Read Pro’s And Con’s

Posted on October 3, 2008 by Mike Bock

In addition to numerous local issues (tax levies, etc.) the voters will face a number of statewide issues on November 4th. They are: Issue 1 – Proposed Constitutional Amendment To provide for earlier filing deadlines for statewide ballot issues. Issue … Continue reading →

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“We Learned A Terrible Lesson,” Only One Person Questioned Fateful 2004 SEC Decision Unleashing Investment Banks

Posted on October 3, 2008 by Mike Bock

Great article in The New York Times today: “The Reckoning,” written by Steven Labaton, says the current Wall Street disaster traces back to a key meeting on April 28, 2004 of the Securities and Exchange Commission (SEC). At that meeting, … Continue reading →