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Should I Stop My Mortgage Escrow?

Last month I got a letter from the bank holding my mortgage saying that I can discontinue my mortgage escrow account. read more »
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California to cut billions in Welfare and Healthcare

Last week California Gov. Arnold Schwarzenegger proposed eliminating welfare for 500,000 families and terminating health coverage for nearly 1 millio[...] read more »
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The Last Shoes To Drop, The Bond Market Begins Its Long Evaded Crash

Government bonds are simply a promise to give your money back with interest sometime in the future. read more »
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The Folly in Believing the Government Can Fix the Economy with Quick and Thoughtful Action

Obama and economic team are convinced that the US is a nation of abundant wealth and is only battling a temporary economic problem. read more »
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Old Money Becomes Treasure as New Money Sources Have All But Dried Up

A few years ago, having a lot of money saved wasn’t that big of a deal because there were so many ways to get money as the economy was booming. read more »
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New Credit Card Bill Aims to Protect Consumers

I have to say that I agree with the results of this bill. This could be a turning point in the administrations as they begin facing the recession. read more »
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Creeping Socialism Has Destroyed the Foundation of Capitalism

Creeping socialism has destroyed the foundation of capitalism which we desperately need to revive the economy. read more »
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Microsoft Begins Financial Strategies to Protect Against Massive Inflation

Yesterday I was reading about how many of the large banks are now trying to raise capital as suggested by the results of the bank stress tests and I [...] read more »
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Don’t Be Fooled, Recession Will Deepen For Years To Come

This talk about how the recession is coming to an end and how the economy is starting to hit the bottom is nonsense. read more »
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Bank Stress Tests Prove Banks Are Insolvent

Last week the government released the results from the bank stress tests that were conducted to determine if the major US banks could survive a deepe[...] read more »
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Entrepreneurs Need Encouragement If They Are Going to Revive the Economy

With unemployment rates climbing and projections of reaching 8.9% by the end of the month, where are the entrepreneurs? read more »
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Inflation is Already in the Cards

Some economists think that inflation is not a problem and the government is doing the right things to avoid deflation. read more »
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Wage Freeze Is the Beginning Of the End Of A Long Career

Last week my wages were officially frozen for this year and perhaps many years to come. read more »
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The Economic Collapse Could Have Been Prevented

The political leaders on both sides like to use the term ‘crisis’ and refer to how no one saw it coming or how it couldn’t have been prevented becaus[...] read more »
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100 Days of Economic Damage

The Obama team has reached 100 days of power amid a major economic failure and is on track to lead the entire world into a massive inflationary cycle[...] read more »
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