Author Archives
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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Your Email. Your IM. Property of the NSA.
“Ordinary Americans’ most private emails have been and still are being intercepted in bulk and then stored in secret NSA databases, without probable cause,” said Kevin Bankston, a lawyer with the campaign group Electronic Frontier Foundation.” “The database system, called… Read More ›
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Support A True Patriot
I support the man, not the political party affiliation. As I’ve said before, I’m not interested in playing party politics, only in reducing the size of government. In summary, why we all need to support Peter Schiff in his bid… Read More ›





