2008 Bailout vs. Other Large Government Projects

July 9, 2009


True unemployment rate already at 20%

July 8, 2009

Link


Home Values History – 1890 – 2009

July 1, 2009
History of Home Values - 1890 - 2009

History of Home Values - 1890 - 2009


Mountains of Debt: America’s Economic Realities

June 24, 2009

(Good, easy-to-read overview of our current economic situation)

by Charles Wheelan, Ph.D.

Ben Franklin supposedly said that it’s better to skip supper and go to bed hungry than it is to wake up in debt. Ben would be quite disappointed in us. We Americans didn’t skip dinner; instead, we opted over the past decade to gorge at the buffet and then charge it.

We woke up as the world’s largest debtor — so deeply in debt that our global creditors are getting nervous, and rightfully so.

Here are some economic realities associated with our deepening fiscal hole. Read the rest of this entry »


Get Ready for Inflation and Higher Interest Rates

June 10, 2009

“The unprecedented expansion of the money supply could make the ’70s look benign.”

By Arthur B. Laffer

http://online.wsj.com/article/SB124458888993599879.html


U.S. Govt owes $63 Trillion in debt

May 29, 2009

This is for committed obligations that we don’t have the wherewithal to pay for right now.

Each U.S.  household currently has a $550,000 in debt obligations.

http://www.usatoday.com/news/washington/2009-05-28-debt_N.htm

How much is a Trillion dollars? Here’s what $700 Billion looks like.

Want to understand why it’s this much? Watch this: Link


Economy rescue: Adding up the dollars

March 30, 2009

Want to know how much we, I mean the Government, is spending to rescue the economy? $10.5 Trillion and climbing.

From CNN.Com    The government is engaged in an unprecedented – and expensive – effort to rescue the economy. Here are all the elements of the bailouts. Link


The devalued Prime Minister of a devalued Government

March 29, 2009
European Parliament speech of 26/03/09. Daniel Hannan is a Conservative MEP for the South East of England.


Japan’s management approaches offer lessons for U.S. corporations

March 28, 2009

While Japan has been used as a cautionary tale in the U.S. economic downturn, guest columnists Sanford M. Jacoby and Sally Kohn argue that management approaches common in Japan offer lessons for U.S. companies as they recover.   Link


Economic Recovery Dashboard

March 27, 2009

Nice interactive economic dashboard. Gives a good graphic overview of some of the important aspects of the economy.  Link


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