Category Archives: economy

The Dearth Of Lightbulbs

According to Wikipedia Vasily Vladimirovich Petrov developed the first persistent electric arc in 1802, and English chemist Humphry Davy gave a practical demonstration of an arc light in 1806, using a battery and a platinum strip to produce a brief glow. Thomas Edison didn’t invent the lightbulb, but his lab discovered a tungsten filament that […]

International Write-Off Day 2015

. Julius Caesar returned from the conquest of Gaul and paid off the hoi polloi’s debt. The rich were bribed with gold. Romans called this holiday a ‘jubilee’ and the common man extolled Caesar. They were no longer slaves to the upper classes, who hated Caesar for disrupting the ancient social order. Caesar thought that […]

International Write-Off Day – 2024

During his 2020 presidential campaign Joe Biden promised to address the massive college debt of millions of graduates and non-graduates paying from 4-8% on the loans. Once elected he proposed a debt relief. THe GOP rejected this measure mostly protesting that not everyone had to go to college and debts had to be paid, except […]

International Write Off Day # 3

Written May 2, 2012 My first credit card came via Mrs. Carolina. 1995. “It’s an American Express for emergencies.” The blonde golfer loved the way I kissed and she visited me once a month in New York. Ms. Carolina told her husband that I was gay. His believing her mapped a faultline in my masculinity. […]

Welcome To Zimbabwe

Written January 30, 2013 In 1979 the white Rhodesian minority lost its stranglehold on the landlocked African nation and the UNAC won the April elections. Power-sharing arrangements shifted in the coming years and Zimbabwe began a black nation on June 12, 1979. Since that time the country has been ruled by President Mugabe, who has […]