There is a danger in having power. Credit at least many decades ago was seen almost as an extension of the morality of the borrower. That is, the way credit was given many times reflected the capacity, collateral, and character of the borrower. Main Street is already feeling this recession like the worst since World War II and […]
U.S. Treasury Summary of Receipts and Outlays for the U.S. Government: If Your Budget Looked Like this, You would be out on the Street.
It comes as no surprise that the U.S. government spends more than it takes in. We all know this. But what are the funding sources for the U.S. government? Meaning, who cuts their monthly pay? It is easy to get caught up in the talk of large numbers but you have to think of the […]
Dow Jones Industrial Average on Pace for top 3 Worst Performing Year since 1896: Understanding one of the Most Followed Industrial Averages.
The Dow Jones Industrial Average (DJIA) is closely followed by those here at home but also those around the world. It is the oldest continuing U.S. market index. The DJIA is the best-known market indicator simply because it has one of the longest histories and many have grown accustomed to following the index. Since the […]
The Most Comprehensive California Housing Market Analysis: Looking at 11.5 Million Households and 32 Counties. Investing in California Housing is a Complicated Calculus.
The California housing market has had its worst year on record. 2008 will go down as one of the most difficult and volatile economic years in history. With that said, there is still a lingering notion or profound desire for bargain hunting. Many articles now try to call a bottom in the stock markets by […]
How Does Oil Impact the Economy? 3 Major Areas of Economic Consequence: The Impact on Inflation, Consumer Spending, and Auto Sales.
2008 will go down as the year with the highest market volatility. Crisis after crisis seemed to hit us like a continuous barrage of waves from the ocean of economic news. The housing market continued to collapse resembling a housing market so weak, we have to go back to the Great Depression to find a […]
U.S. Treasury and Fed Determined to Destroy Dollar and Force Savers to Spend: Investing in a Government Hoping for a U.S. Dollar Collapse.
Tuesday’s action by the Federal Reserve has placed us into the history books. The Fed cut the federal funds rate to an unprecedented 0.25% and gave a rather firm statement that they are prepared to keep the rate at this low level as long as the markets deem it necessary. When asked why they didn’t […]
Gross Domestic Product: 40 Percent of the United States GDP comes from 5 States; California, Texas, New York, Florida, and Illinois.
Our gross domestic product contracted in the third quarter of 2008 and is contracting in the forth quarter. There is very little doubt surrounding that. The National Bureau of Economic Research put the start date of our current recession at December of 2007. Simply looking at the employment patterns and trends it appears that this […]