economic collapse

CA Union Employee Pension Costs Up 2,000%

Let me start with some shocking statistics from the Wall Street Journal… “Approximately 85% of the state’s 235,000 employees (not including higher education employees) are unionized. As the governor noted during his $83 billion budget roll-out, over the past decade… Read More ›

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 ›

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 ›

$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 ›

Safe Mortgages Collapsing

After reading this L.A. times article from Saturday, I have to ask myself, why is the government surprised that conforming loans, the “safe bet investment” 30 year fixed rate loans that have been the bread and butter of mortgage loans for generations,… Read More ›

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