Everyone is talking about health care. "How could the politicians do this with a strong majority of American in opposition?" This video provides some insight into the never-ending string of government takeovers, and seeing the whole picture is alarming. One lesson from all of this is that … [Read more...] about Is the Health Care Bill a Distraction From What’s Next?
I just started watching the State of the Union address on Youtube and was immediately sickened. I guess I should tell you that I've been physically ill since last weekend, but Obama's speech isn't helping. It was way too reminiscent of the scenes in the book (or movie) 1984 where the public is … [Read more...] about The Hidden Meaning Behind the State of the Union Address
I was just listening to a recording of a conference call this morning where a financial planner began his presentation with this premise: Taxes will be increasing in the future I haven't listened to the rest of it because I had to pause it and write this post. I'm sure when I go back this guy will … [Read more...] about Will Taxes Increase?
What is inflation? I believe this is the most important financial question a person can ask. I am constantly on a trek to better understand money and wealth. Here is some of what I've learned thus far: Per its original meaning: Inflation is not a rise in prices Inflation is a rise in the money … [Read more...] about The Most Important Financial Question You Must Ask
While everyone argues about what the government should be doing, 2 very fundamental factors are ignored. In this video I discuss those factors. One thing I didn't include … [Read more...] about Why Does Government Fail?
There are about 100 million non-government, non-taxpayer-paid workers in the U.S. $3 trillion normal government spending + $2 trillion additional emergency spending = $5 trillion government spending in 2009. That amounts to $50,000 of government spending per non-government, non-taxpayer-paid … [Read more...] about How to Cope with Your New $50k in Forced Debt This Year
If you are choosing to stay in the stock market right now because of any of the following reasons... It is poised to bounce back You don't want to close out losing positions Stocks are cheap right now ...then the simplicity of the following information may shock you. Last week … [Read more...] about S&P Price-to-Earnings Ratio Says Market is Still 70% Overpriced
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