While everyone argues about what the government should be doing, 2 very fundamental factors are ignored. In this video I discuss those factors. One thing I didn't include … [Read more...] about Why Does Government Fail?
stimulus
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
S&P Price-to-Earnings Ratio Says Market is Still 70% Overpriced
If you are choosing to stay in the stock market right now because of any of the following reasons... It is poised to bounce back You don't want to close out losing positions Stocks are cheap right now ...then the simplicity of the following information may shock you. Last week … [Read more...] about S&P Price-to-Earnings Ratio Says Market is Still 70% Overpriced
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?
Tool for Battling Coming Inflation
If you've been following my blog, you know that I take great interest in understanding money. Why every single human who uses money on a regular basis doesn't also share this interest is beyond me. With trillions of dollars created by actions of Congress, the Federal Reserve, and the Treasury … [Read more...] about Tool for Battling Coming Inflation
Obama ashamed of Wall Street
$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