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 ›
redistribution
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 ›
FHA Buyers: 31% Fall off a Cliff
Americans are out of money. They just don’t have the cash they need to meet the down payment requirements of the major lenders. So what’s a politician to do? That’s easy. Just decide that the banks are being way too… 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 ›
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 – I was right, they were wrong.
The data suggest that critics of Cash for Clunkers who argued that it would just “steal” sales from the future were correct, and those who, like me, expected that a little stimulus applied to the car market would create some… 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 ›
Obama pays your mortgage, and your gas too it seems.
BEGIN TRANSCRIPT Newscaster Peggy Joseph took her daughter out of school early Wednesday for this. Her emotions ran high following Obama’s speech Peggy It was the most memorable time of my life. I…it was a touching moment Reporter Why? Peggy… Read More ›
35,000 People Register for Obama Money …whoops…I mean your money.
INTERVIEW 1 OF 2: ROGULSKI: Why are you here? WOMAN #1: To get some money ROGULSKI: What kinda money? WOMAN #1: Obama Money ROGULSKI: Where’s it coming from? WOMAN #1: Obama ROGULSKI: And where did Obama get it? WOMAN #1:… Read More ›
$250,000 Income – A Witchhunt for the Rich
The government wants to tax the evil, malicious, no-good, downright dirty dog, bottom dwelling, sap sucking rich people. According to government decree, that’s everyone making over $250,000 a year. To help yourself understand why $250,000 a year in annual household income… Read More ›
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