spending

The Fragility of a Consumer Economy

When an economy is based on healthy, sustainable activity with a balance of production and consumption, the type of depression we are in can't happen. In our consumption-based economy, on the other hand, nothing can "stimulate" things back on track. This is because the track we were on is … [Read more...] about The Fragility of a Consumer Economy

5 Steps To Freedom: How to Cut Your Dependence on Institutions and Escape Financial Slavery

Finally, it's here! Amazon won't have it in stock for another 2 to 4 weeks, but you can use the buy now button above to order the book and I'll ship it directly to you immediately. (If you've already ordered one, it's going out to you today.) If you're reading my blog, I assume you want to take … [Read more...] about 5 Steps To Freedom: How to Cut Your Dependence on Institutions and Escape Financial Slavery

Is my home an investment?

Recently I received a question from somebody looking into self-directed IRA/401(k) investment for themselves. They said, "I ran this by my financial planner in New York who said to roll over my IRA to put some of its money into my home is illegal." This statement is technically correct. Putting IRA … [Read more...] about Is my home an investment?

How to Cope with Your New $50k in Forced Debt This Year

There are about 100 million non-government, non-taxpayer-paid workers in the U.S. $3 trillion normal government spending + $2 trillion additional emergency spending = $5 trillion government spending in 2009. That amounts to $50,000 of government spending per non-government, non-taxpayer-paid … [Read more...] about How to Cope with Your New $50k in Forced Debt This Year

Microwavable economic epiphany for the lazy or ADD

I've written several times about what I believe is one of the most important films ever produced: I.O.U.S.A. The film is 80 minutes long and came out in August of 2008. It's a project of the former Comptroller General of the United States (our government's chief accountant). He resigned to make this … [Read more...] about Microwavable economic epiphany for the lazy or ADD

This January was worst for stock market in 113 years

According to the article The Market Is Shorting Obama's 'Stimulus', we've just had the worst January in over 113 years of the stock market. Professors of Finance, Ecomonics, and Law at the University of Kansas and George Mason University report that the stock market is not impressed by Obama's … [Read more...] about This January was worst for stock market in 113 years

Could Obama's Stimulus Really Work?

Our economy is 70% consumerism. That means it is mostly based on individuals buying stuff. So the current setup of our economy holds two basic facts: Individuals buying more stuff than they can afford to buy (based on their income) has a net effect that is good for the economy. When individuals … [Read more...] about Could Obama's Stimulus Really Work?