Aug 24 2011

Middle class retirement now largely a postcard fantasy – How Wall Street fabricated a buy and hold fairytale and jumped ship with taxpayer golden parachutes. Did baby boomers think about who they would be selling those 401k and pension stocks to?

The days of dreaming about long days playing golf on a green course and taking luxurious cruises around the world are appearing more and more like a foggy memory for those in the middle class planning for retirement.  As Wall Street bankers and hedge fund managers rob the public blind, the mission statement sold to […]

Aug 3 2011

The 20 year financial depression in American real estate. Why housing will remain a poor investment well into 2020.

The American housing market is floundering like a fish out of water.  The economy is puttering along as middle class Americans confront a quality of life that is declining.  Household incomes have fallen for well over a decade yet the dialogue from Wall Street and their political partners seems to focus on home prices rising.  […]

Jul 27 2011

How to spend $9 trillion in 10 years. How in the financial world did we end up with over $14 trillion in Federal government debt?

If we do a slow rewind back to 2001 U.S. debt stood at $5.8 trillion.  This today would seem like a bargain.  So how in the world did we end up with the current $14.3 trillion figure in a matter of ten years?  People like to ignore history but if you don’t know where your […]

Jul 24 2011

Does inflation even matter? The growing secrecy of the CPI and how average Americans face budget squeezes through financial maneuvering and the chained CPI.

Things seem to be progressively getting worse for the middle class as most of the debt ceiling talks revolve on sticking it to working Americans as if they were financially able to handle any more austerity moving forward.  While the too big to fail banks swim around in pools of bailout money like Scrooge McDuck […]

Jul 17 2011

Manias, implosions, and financial disasters – the unsustainable nature of our current debt based financial system.

Trying to induce inflation to reduce accumulated debt is not a modern invention.  Dr. Carmen Reinhart and Dr. Kenneth Rogoff trace this kind of financial crisis and others back to the Dionysius of Syracuse during the 4th century.  The debasement of currency also occurred in the Roman empire and Byzantine empire and as usual printing […]

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