Mar 29 2011

Federal Reserve silently grows balance sheet to approximately $2.75 trillion by a shadow bailout of residential real estate and commercial real estate. The continuing hidden CRE bailout imperils future economic growth.

The biggest silent financial bailout going on in the nation revolves around commercial real estate.  Commercial real estate (CRE) values have plummeted $3 trillion from their peak in 2008.  While residential real estate values peaked in 2006 CRE waited two more years before moving lower.  The two year lagged occurred because many banks, especially local […]

Jan 31 2011

Federal Reserve punishing savers in low interest rate environment – Since the 1960s 5-year Treasury Bills average 6.5 percent. Today a high yield money market account will get you 1 percent.

Saving money is usually pushed to the background in a debt induced economy built around spending.  Marketing firms are designed with the intention of parting you from your hard earned dollar.  The housing bubble was a manifestation of a system permeated by easy access to debt and promises to repay current purchases with future dollars.  […]

Dec 27 2010

Retirement account fantasy and middle class erosion – 1 out of 3 Americans has zero dollars in a retirement account. From 1950 to 1989 top 1 percent earned roughly 7 to 8 percent of nationwide income. Today it is inching closer to 20 percent resembling pre-Great Depression levels.

Many Americans live precariously close to the edge of financial insolvency flirting with economic disaster daily.  If you casually browse mainstream articles and watch any amount of television you would think that the US still had a vibrant and strong middle class.  When we pull back the covers on the current financial situation we realize […]

Dec 15 2010

The red queen race of debt – US public debt set to pass US annual GDP. The 100 percent GDP to public debt threshold is quickly approaching.

People may not even realize that during the Great Depression, US Federal debt as a percent of GDP did not even reach 40 percent.  Part of this was because the size of government was much smaller in military, public services, and entitlements.  The only time in history that the US as a whole spent more […]

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 […]

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