Don't call or write your Senator or representative Don't sign any petitions online Don't join a consumer advocacy organization Our government is not one for the people anymore, and we must oppose the bailing out of failing, irresponsible, fraudulent corporations. Reasons to vote against the … [Read more...] about How to vote against the bailout
economy
Who will bail out the government?
Although the House rejected the recent $700 billion bailout, there is plenty of bailing out that has already happened, and there is more to come. Already: $80 billion injected into failed AIG IndyMac bank taken over by FDIC Bank of America bought Merrill Lynch for $50 billion - 70% over its … [Read more...] about Who will bail out the government?
Does the weak dollar make foreign real estate a bad investment?
In a recent meeting with a couple of real estate investors, I was posed with the question: Doesn't the weak dollar eat into the profit of foreign real estate investing? Not at all; in fact, quite the contrary. A weak dollar makes spending dollars in foreign countries disadvantageous. I ran into this … [Read more...] about Does the weak dollar make foreign real estate a bad investment?
The next big party
A recent Onion News article has hit dead on what is wanted right now by the masses of the American public. As ridiculous as this article sounds, this type of mentality is exactly what's been behind many "investment decisions" of the average American in recent past. Read the article here, and then … [Read more...] about The next big party
What Causes Inflation? (You may be surprised) – Part 2
In Part 1 of this post, we examined the facts concluding that inflation is caused by monetary debasement. In this follow up, we'll observe the reason behind why common belief is that inflation is at 3% - 5%. First, let's recap what was already covered: What is Inflation? Inflation is the steady, … [Read more...] about What Causes Inflation? (You may be surprised) – Part 2
Consumer confidence falling & the $600 checks to save the day
Did you get your $600 check yet? What will you do with it? Surveys are saying that most Americans will use their "Economic Stimulus" check to deal with gas, food, and catching up on bills. This doesn't stimulate the economy. Consumer spending stimulates the economy. In other words, the Department … [Read more...] about Consumer confidence falling & the $600 checks to save the day