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April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review May 20, 2011 / 16 Iyar, 5771

When the checks don't balance

By Lori Borgman

Lori Borgman


http://www.JewishWorldReview.com | Like everyone else we're tightening our belt to accommodate the economy. I have taken to limiting my gasoline purchases to $40 at a time. If I pay more than that, I feel like the pump is smirking at me.

I'm not saying times are tough, but last week I saved us the cost of a dry cleaning tab by hand washing a "dry-clean only" garment.

"Look," I said to the husband, "by laundering this dress myself I have made us $10 richer."

"Wash it again!" he said.

It's not like anybody is making money on savings accounts with interest rates that begin with a decimal point.

An analyst said that our nation's current financial crisis is akin to having a credit card with a $10,000 limit and being $16 away from maxing it out.

Would someone please get that credit card away from Congress and feed it through a shredder? They're like crazed shopaholics loaded down with shopping bags but still trying to run at full speed in stilettos because they heard designer handbags were on sale.

Have you ever wondered how many members of Congress it takes to change a light bulb? None of them can — their hands are all too greasy from handling pork.

No economist ever explained spending better than the late great Milton Friedman. There are four ways to spend money, he said. When you spend your own money, you are very careful to get the most for your money. When you spend your money on somebody else, you don't care about the quality as much as the cost. When you spend somebody else's money on yourself, well, as Friedman said, "You're going to have a very nice lunch." Why yes, I think I will have dessert! And coffee, too, please.

Finally, when you spend somebody else's money on somebody else, you're not too concerned about quality or cost.

Our kids were more accountable for their 50-cent allowances than Congress is for spending billions and trillions. Other people's money never seems as real as your own. It's like spending Monopoly money — you pass "Go" and the banker always has more. It may be pink and blue and yellow, but there's always more.

From the way Congress continues to spend some days, you'd think they have been taken over by a bunch of 5-year-olds operating on the premise that Daddy can always get more money out of the ATM.

We may disagree on the way to solve the problem, but we can all agree on the problem: Government can't live within our income.

The President's own budget projects that the federal debt will top $15 trillion this year — equal to the size of our nation's entire economy. It's like a bad pyramid scheme taxpayers can't opt out of.

These may be troubling economic times, but they are historic times as well. Congress has redefined the entire system of checks and balances. They keep writing checks on accounts that will never balance.


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JWR contributor Lori Borgman is the author of , most recently, "Catching Christmas" (Click HERE to purchase. Sales help fund JWR.) and I Was a Better Mother Before I Had Kids To comment, please click here. To visit her website click here.

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