Oct 16 2010

The debt end game – Top 10 percent of families own an average of $700,000 in stocks while the next 15 percent own an average of $53,000. The other 75 percent are insignificant players by Wall Street standards.

The government recently announced on a slow Friday a $1.29 trillion budget deficit as if it were no big deal for the completed fiscal year.  In fact, this was spun as grand news since the previous budget deficit topped $1.4 trillion.  We are now reaching a nationwide tipping point of debt.  The U.S. Treasury and […]

Nov 30 2009

American Financial Dream Deferred: How the U.S. is Mirroring the Japanese Lost Decade after the Heisei Boom.

This weekend I decided to take a trip to a couple of local stores to pick up some food that didn’t involve turkey so I wouldn’t be fatigued of eating the same thing for the entire week.  A chain grocery store had about five people on a Sunday when it typically would have many more.  […]

Nov 14 2009

Federal Government Budget Deficit in October is Three Times the Annual Budget Deficits of the Banana Republic of California.

California has been the poster child of ineffective state government.  Bickering politicians, constant spending, and budget deficits that baffle the economic bottom line.  But California isn’t alone in this spend more than you earn reality.  Last year, California had to patch up $60 billion in budget deficits.  A large and historical sum no doubt.  Yet […]

Nov 9 2009

The Balance Sheet Recession: $4.2 Trillion Lost in Residential Real Estate Value. Yet Mortgage Debt Down by $140 Billion.

What we are experiencing is a balance sheet recession.  The reality of our current economic funk is highlighted by the growing unemployment rate and the diminishing purchasing power of many Americans.  What is going to make this economic crisis drag out like a painful Hollywood divorce is the inability to reconcile the past with our […]

Oct 19 2009

U.S. Dollar Sendoff Stock Market Rally: Dow up 56% from Bottom in U.S. Dollars but up only 31% in Euros. How a Crashing Currency Hides Actual Trends. Over 40 Ounces of Gold Needed to Purchase Dow Index in 2000. Today 9.4 Ounces of Gold will buy the Dow Index. Oil is up 128% from March low.

Many Americans have a hard time wrapping their mind around a declining currency or the hidden tax that is inflation.  The U.S. Treasury and Federal Reserve understands this and for decades has exploited this issue to slowly siphon off the buying power of the U.S. dollar. Openly they tell the public that they are for […]

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