From Ralph Hipp
That title I've got as a headline.. how many of you remember that as a once-in-a-while closings of radio shows back in the 40s and World War Two? There were even 15-minute radio shows presented for the sole purpose of promoting Americans investing in war bonds to finance the great military effort of the era.
With history prone to repeat itself, the nation is struggling through the great recession and two wars. The new Kansas budget cuts deeply into arts and education. Washington has spent so much money, we've hit the $14.3 trillion dollar debt ceiling. Any talk of raising taxes was hushed at the Statehouse and on Capitol Hill. And the Treasury Department has for a while now, stopped offering bonds to local and state governments to help them meet their payrolls and expenses until they can recover on their own.
The big talk in Washington this week is whether some of the major oil companies deserve major tax breaks to continue their domestic searches for new sources of oil. With corporate profits roaring right along, I direct your attention to the headline of this blog.
Is it time for the Treasury to offer war bonds again? Investing the riches of wealthy Americans, or some of the huge stash of corporate profits in the Pentagon's war effort? Then they could earn a little something extra once the wars draw to a close. Bye, bye for now.. and buy bonds!