To my fellow over-regulated, over-taxed, debt enslaved and NSA-surveilled American brothers and sisters…a few observations from over the long weekend…. CEO of Gallup (yes, the polling company) says Government is Lying Jim Clifton, Gallup’s CEO wrote a piece that says… Read More ›
bailout
Uncertainty, The Storm That Never Ends
Nothing makes a recession last longer than market uncertainty. Contrary to what the government would have you believe, the “market” is fairly predictable. There are thousands of leading and lagging indicators that move in certain directions of varying amounts and can… Read More ›
GM and Chrysler Employees – Only 0.1% of the Employed
UPDATE 04/24/10: For perspective, Fortune magazine (April 12, 2010) reports that 870,000 people will be hired this year for the census which could reduce the unemployment rate by 0.5%. GM & Chrysler only employ 170,000 people. So if all of… Read More ›
Banks Get to Pay for Government Expansion
The healthcare reform bill may be dead but there is still a need to understand why government expansionism is bad for business and for taxpayers. The elephant in the room on the healthcare plan was how the heck was the government going to pay… Read More ›
Government Christmas Eve Mischief
In keeping with the government’s tradition of voting on things they don’t want us to hear much about, Congress voted on Christmas Eve (when it would be least likely to get reported in the press) to raise the debt ceiling… Read More ›
$12,000,000,000,000
That’s what we owe. Let’s be clear. We consume more than we produce. Our entire country is running off a credit card called China. If China stops lending to us, our debts come due and we are in serious trouble. … Read More ›
Silence is the Enemy
“Silence is the enemy, Against your urgency So rally up the demons of your soul!” Silence is the enemy. The government continues to destroy the dollar, reward irresponsibility, protect The Fed and its banker leadership from transparency to the public,… Read More ›
Want to know where the TARP money went? Then save bills HR1207 and S604!
Representative Ron Paul had introduced a bill which will permit the American people to audit the Federal Reserve. The Fed is an arm of the government (yeah, I said it) that controls monetary policy. In other words, if you want… Read More ›
3.5% GDP Growth? Try only 0.5%
Q3 GDP up 3.5% over prior quarter is being pitched as the economic turn of the tides. The recovery is here, break out the champagne. The problem is, the mainstream media never actually looks at the numbers. They just get… Read More ›
FHA Buyers: 31% Fall off a Cliff
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 ›
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 ›
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 ›
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 ›