Nov 26 2008

$8 Trillion for the Financial Bailout. Nice Holiday Gift.

As if we needed any more evidence that this financial bubble is one for the history books.  The government has now committed the American taxpayer to roughly $8 trillion.  We’ve already used up over $2 trillion and the risk is absolutely amazing.  Can you believe the state of California is now a higher credit risk […]

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Nov 21 2008

Family Budget: How to go Broke on $100,000 a year. Why the Middle Class has a hard time Living in Expensive Urban Areas.

One of the challenges during this economic crisis is budgeting.  As much as we hear about the housing collapse or the stock market seesawing like a playground, we rarely get a glimpse into the actual budget of real live Americans.  Sure we know housing is expensive.  We all intuitively knew that $147 a barrel oil […]

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Nov 19 2008

The Menace that is Deflation: 5 Specific Areas Where Deflation is Already Showing up.

Be very afraid of the “D” word now making the rounds in economic circles.  Today the Federal Reserve hinted that we are now tipping into the prospect of deflation.  This is very bad from their perspective.  In fact, it is a horrifying prospect for the Federal Reserve since every action they have taken in this […]

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Nov 18 2008

Southern California Home Prices at a 67 Month Low: Sales Jump Unseasonably due to Major Price Cuts.

The recent data for the Southern California housing market was released today.  A pattern is starting to emerge.  Low price homes are helping to increase sales and lower priced areas are also pulling the median price down for the entire region.  This is symbolic of the drastic price reduction we have witnessed over the past […]

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