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 ›
big government
Why do the rich need a tax credit? Because they aren’t rich, that’s why.
Recent government market meddling, as you may have heard, has included extending the tax credit for first time home buyers. Joint filers (a working couple) who earn up to $225,000 are eligible for the total credit amount. We all heard… Read More ›
The Continuing Collapse of Housing
The economy and the housing market are conjoined twins. What each does affects the other directly, and immediately. The economy is driving down the housing market, which in turn is driving down the economy. Where will the rabbit hole end?… Read More ›
Feds Admit Their Stimulus Numbers Are All Wrong – And People Want Them To Run Healthcare?
“It may be a fact that that’s what’s on my Web site, but that may not be the correct number,” Earl Devaney, a White House official, testified this week. When pressed as to why there was so much inaccurate and… Read More ›
California – Now $21 Billion Dollars in the Hole
Keeping in theme with yesterday’s post, this is just a short and quick update on what is being reported today about our California budget. The legislators in California who have consistently based future budget revenue projections on “best case” scenarios… Read More ›
In CA, Your Paycheck Should Feel A Bit Lighter
If you’ve looked at your paycheck recently you’ll notice that it’s 10% less than it was last month. And the California legislature is hoping you won’t notice. How can you get it back? Look at the bottom of this post!… Read More ›
Open Spaces Keep You Out Of A House
Open Space laws come in many shapes and sizes. They are sold by local governments to their citizens as the preservation of land for some purpose. Sometimes it’s to preserve the natural beauty of where they live or to protect… Read More ›
Vi Veri Veniversum Vivus Vici
It’s a couple weeks overdue but I did attend a local costume party for Halloween and so I had to choose my character. Keeping in theme with my current crusade I decided to be V, from the movie V for… Read More ›
It’s a Lose-Lose-Lose Thing
So I get this letter in my mailbox yesterday from one of my credit card companies, Merrick Bank. It’s one of several similar letters I’ve received recently. The letter goes on to inform me that, “as a result of the… Read More ›
Deed For Lease:The Deadbeats Get To Rent Their Homes Now
You guys are the people on the bottom of the picture…the ones bearing the burden of this entire government mess. Unbelievable what happened today. I want everyone out there to know…if you did the right thing…if you did the responsible… 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 ›
Unemployment Insurance: Vacation Extended
It hasn’t been voted on and approved yet, but it’s in the pipeline. The Proposals There are a couple of proposals bouncing around in Washington. One is to provide 13 additional weeks of benefits to people in states with unemployment… Read More ›
Our Sub-Prime Government
The only thing missing from this cartoon is you, the taxpayer, driving the truck. Tax credits for home purchases are just re-distributions of wealth taken from all of us and given to first-time home buyers. Unfortunately for the rest of… 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 ›
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