$18,400,000,000.00 18.4 billion dollars. According the NY state comptroller, that's what was paid out in bonuses on Wall Street last year as the American people lost nearly half of their investment portfolios... about the same amount in bonuses that were paid out in the supposed boom of … [Read more...] about Obama ashamed of Wall Street
bailout
How to profit from real estate investments in a soft and declining real estate market
Three years ago real estate investing was hot. Today, many people act as if the opportunity has passed. I contend that the opposite is true. In the past, as a mortgage banker focused on originating mortgages for investment properties, I started listening to and learning from my real estate investor … [Read more...] about How to profit from real estate investments in a soft and declining real estate market
I.O.U.S.A viewing this weekend on CNN
CNN to Broadcast I.O.U.S.A. | Obama Foresees Trillion-Dollar Deficits | A Bipartisan Plea for Fiscal Responsibility | The Government We Deserve CNN to Broadcast I.O.U.S.A. The public has spoken, and we've listened. In response to demand for information about our country's financial challenges, … [Read more...] about I.O.U.S.A viewing this weekend on CNN
The Top 5 Investing Myths of 2008
2008 was a very interesting year to say the least. Possibly the most productive outcome of the year was the restless message of "rethink things" coming from the little voice beckoning each of us in our minds. Myth #1... The SEC keeps investment information honest and accurate The Securities and … [Read more...] about The Top 5 Investing Myths of 2008
I am thankful for…
...our current circumstances. Rather than ignore the current economic problems, I choose to acknowledge this elephant in the living room during our Thanksgiving holiday. We are bombarded with headlines like "What will fix our economic problems?" It is absolutely silly. The recession is the solution … [Read more...] about I am thankful for…
The impossibility of bailout success and the guaranteed alternative success plan that depends on you
This is a message of prosperity rather than doom and gloom. Read through to the end. A tremendous amount of homeowners are facing foreclosure. CNN Money reports foreclosures are up over 70% from this time last year. Banks are failing left and right, but let's just take a look at the bailout concept … [Read more...] about The impossibility of bailout success and the guaranteed alternative success plan that depends on you
Bank bailout money goes to CEO bonuses
Mark Cuban, billionaire owner NBA team Dallas Mavericks, runs a couple of interesting web sites. In July of 2006, he started ShareSleuth, an online publication that exposes fraud in the stock market. It's surely worth checking out. More recently Cuban has launched BailoutSleuth, an online … [Read more...] about Bank bailout money goes to CEO bonuses
Monetary Base up 38% Year-to-Year
According to John Williams' Shadow Government Statistics October 26 Flash Update, year-to-year Monetary Base is up 38%. Expansion of the money supply creates inflation and debases the wealth of people holding U.S. Dollars. The lesson? Don't hold U.S. Dollars. Seems kind of tough if you live in the … [Read more...] about Monetary Base up 38% Year-to-Year