Difference between Liberal/Socialist vs Conservative/Capitalist – ;-)

A young woman was about to finish her first year of college. Continue reading “Difference between Liberal/Socialist vs Conservative/Capitalist – ;-)”

Our Tax System Explained: Bar Stool Economics

Given the news today of the Obama tax and spend proposal I thought I would share something I came across some time ago:

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. Continue reading “Our Tax System Explained: Bar Stool Economics”

Housing Prices Are Still Way Too High

The Housing Chart That’s Worth 1000 Words

“Here’s the big problem with almost all the current rhetoric about the housing crisis: It presumes that the goal should be to get house prices rising again.  The problem with that idea is that, even after a 25% decline, house prices are still way too high.”   Link