Americans are out of money. They just don’t have the cash they need to meet the down payment requirements of the major lenders. So what’s a politician to do? That’s easy. Just decide that the banks are being way too… Read More ›
Month: October 2009
Gold – A Quick Lesson
I am in no way pretending to know much about buying gold, but I will share with you what I have learned so far. At least you won’t have to start off from scratch in your own research. First off,… Read More ›
Vacation Time – What You Should Know
In prior posts I discussed the abuse of unemployment insurance and my belief that it should be privatized. Today I am discussing employers and their treatment of vacation time. In California, companies are not required to provide vacation time, but… Read More ›
How Our Government is Destroying the Dollar
Please click on the image to see it full size. Our government has in effect been operating the ponzi (pyramid) scheme I outline above. The end result will be the destruction of the U.S. dollar and a serious drop in… Read More ›
The Hijacker Paradox: 100 vs 1
As I stated in a previous post, I believe most of us see what is going on and we make decisions in our personal lives to create a “workaround” for the governments intervention in our plans and dreams. How sad… Read More ›
Resistance
I hate being an activist. I was perfectly happy being a business systems analyst and accountant. I had plans that I had to put on hold because of the economy. Since I tie the delay to my future happiness to… Read More ›
GM Jobs: Easy Go, Easy Come, Easy Go
Just when you thought I couldn’t rail any more against the Cash-for-Clunkers program, I have some more railing yet to do. It’s not the program per se, it’s how well this program represents all government programs. Poorly conceived, horribly executed,… Read More ›
Cash-For-Clunkers kills Cars-For-Kids
I neglected to mention another group of Americans that were, and still are, being negatively impacted by this terrible government program. Many U.S. charities convert used cars to cash by selling them at auction and then use that money to… Read More ›
Why Home Prices Skyrocketed
The easiest way to explain why home prices skyrocketed so quickly is with a graph… I made it myself. I kinda like it. The 1 million figure is an arbitrary number I chose for this example, the actual number is… Read More ›
CEO’s Demand Pay Caps for Celebs
If I was a CEO with so many people carrying pitchforks and wailing to the government to control CEO pay, I would grab my own pitchfork and walk to the White House demanding that the salaries of Hollywood movie stars,… Read More ›
Foreclosures Up 23% – “Worst three months of all time.”
Continuing to put downward pressure on home prices are steadily increasing foreclosures, with no end in sight. As unemployment continues and loans continue to recast to higher interest rates, more homes will enter foreclosure further depressing prices. As these prices… Read More ›
Term of the Week: Regime Uncertainty
Regime Uncertainty is a phenomenon that happens in countries where the government (the regime) interferes in the free market system, stifling business and paralyzing growth. FREE MARKETS Free markets are driven by the supply and demand of consumers who choose… Read More ›
Cash For Clunkers – I was right, they were wrong.
The data suggest that critics of Cash for Clunkers who argued that it would just “steal” sales from the future were correct, and those who, like me, expected that a little stimulus applied to the car market would create some… Read More ›
The Truth About Czars
How do you avoid asking the people to approve who governs them? Create a government within their government, and call them Czars. For over 200 years, leading members of our government were required to be approved by Congress, thereby enforcing… Read More ›
FHA Mortgage Implosion Happening Now
As I noted in a recent post, a mini-bubble began this summer caused in part, by FHA loans. The pin is finally here. The Horrifying Facts According to the L.A. Times in just the past eight months, the FHA has… Read More ›
Obama pays your mortgage, and your gas too it seems.
BEGIN TRANSCRIPT Newscaster Peggy Joseph took her daughter out of school early Wednesday for this. Her emotions ran high following Obama’s speech Peggy It was the most memorable time of my life. I…it was a touching moment Reporter Why? Peggy… Read More ›
The Housing Bubble Returns – Here we go again…
FHA loans now make up 25% of the mortgage loans in the U.S. That is up from 3% just a couple years ago. I smell a bubble. Meet Phil Phorclosure. Phil meets the minimum requirements for an FHA (government) home… Read More ›
35,000 People Register for Obama Money …whoops…I mean your money.
INTERVIEW 1 OF 2: ROGULSKI: Why are you here? WOMAN #1: To get some money ROGULSKI: What kinda money? WOMAN #1: Obama Money ROGULSKI: Where’s it coming from? WOMAN #1: Obama ROGULSKI: And where did Obama get it? WOMAN #1:… Read More ›
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