People all over America are reporting that they’ve stopped paying their mortgage…and it’s been months…and they haven’t heard anything from the bank. The banks are letting them live in their homes, mortgage free, for months…years. “Eight months after my last… Read More ›
recession
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 ›
Home Starts Drop 10.6% and Shock the Unconscious
In a recent L.A. Times article, “SHOCK” at the drop in home starts leads the story. Yawn. Bores me. I am not sure why anyone is shocked, and anyone shocked by a drop in home starts isn’t paying attention. I… 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 ›
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 ›
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 ›
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 ›
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 ›
Cash-For-Clunkers kills Cars-For-Kids
I neglected to mention another group of Americans that were, and still are, being negatively impacted by this terrible government program. Many U.S. charities convert used cars to cash by selling them at auction and then use that money 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 ›
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