I want to get this news flash out to you, but there's no sense in reinventing the wheel. I think the first half of Bill Bonner's recent blog post sums it up. See it here. … [Read more...] about News Flash: World Decides Not To End
I've written several times about what I believe is one of the most important films ever produced: I.O.U.S.A. The film is 80 minutes long and came out in August of 2008. It's a project of the former Comptroller General of the United States (our government's chief accountant). He resigned to make this … [Read more...] about Microwavable economic epiphany for the lazy or ADD
According to the article The Market Is Shorting Obama's 'Stimulus', we've just had the worst January in over 113 years of the stock market. Professors of Finance, Ecomonics, and Law at the University of Kansas and George Mason University report that the stock market is not impressed by Obama's … [Read more...] about This January was worst for stock market in 113 years
Our economy is 70% consumerism. That means it is mostly based on individuals buying stuff. So the current setup of our economy holds two basic facts: Individuals buying more stuff than they can afford to buy (based on their income) has a net effect that is good for the economy. When individuals … [Read more...] about Could Obama's Stimulus Really Work?
If you've been following my blog, you know that I take great interest in understanding money. Why every single human who uses money on a regular basis doesn't also share this interest is beyond me. With trillions of dollars created by actions of Congress, the Federal Reserve, and the Treasury … [Read more...] about Tool for Battling Coming Inflation
$18,400,000,000.00 18.4 billion dollars. According the NY state comptroller, that's what was paid out in bonuses on Wall Street last year as the American people lost nearly half of their investment portfolios... about the same amount in bonuses that were paid out in the supposed boom of … [Read more...] about Obama ashamed of Wall Street
Three years ago real estate investing was hot. Today, many people act as if the opportunity has passed. I contend that the opposite is true. In the past, as a mortgage banker focused on originating mortgages for investment properties, I started listening to and learning from my real estate investor … [Read more...] about How to profit from real estate investments in a soft and declining real estate market
CNN to Broadcast I.O.U.S.A. | Obama Foresees Trillion-Dollar Deficits | A Bipartisan Plea for Fiscal Responsibility | The Government We Deserve CNN to Broadcast I.O.U.S.A. The public has spoken, and we've listened. In response to demand for information about our country's financial challenges, … [Read more...] about I.O.U.S.A viewing this weekend on CNN