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 ›
economic collapse
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 ›
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 ›
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 ›
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 ›
The Economy: More Collapse to Come
If there is one book you read this year, read this one. If there is one book you read this year, read this one. That’s not a typo. It’s that important. If you want to protect yourself, your family and… Read More ›