Just a quick post on something I heard Peter Schiff talk about, which has been discussed many times on his internet radio show over the past year. He pointed out that the DJIA and other markets around the world have… Read More ›
economic recovery
An Economic Recovery Driven By Foreclosures? Interesting idea…
In roaming through my research sites, a fascinating possibility was offered up to account for the “green shoots” and “economic recovery” that we have heard so much about lately. The theory starts with the millions of foreclosures in the United… Read More ›
Spin vs. Fact and GDP Contracts Net -.2%
The Spin (consumer spending increased!) “Though cautious, consumers are holding up despite high personal debt, a tight job market and hard-to-get credit. A government report out Wednesday is expected to show consumer spending rose 0.5 percent in October, compared with… 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 ›
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 ›
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 ›
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 ›
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 ›
Update: Cash-For-Clunkers
My post on the Cash-For-Clunkers program can be found here. I felt that a list of the unintended consequences should be posted separately, so here they are… Our Losses A perfectly good asset is destroyed. New car prices go up,… Read More ›
Cash for Clunkers: A Program to Scrap
Hot off the bad idea assembly line, and direct from the unintended consequences warehouse, our government has cobbled together yet another ridiculous idea in their drunken stumble of an effort to revive the economy. So let’s consider what is really… Read More ›
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