Apr 26 2010

How much do average Americans make after the Great Recession? Examining the income of U.S. households. 65 percent of U.S. households live on $65,000 or less.

In order to understand the middle class, we first have to draw a line in the economic sand.  Many in our society would like to believe that we live in a classless system but this isn’t true especially when we look at the financial data.  This classless belief has been shattered with the current structure […]

Apr 3 2010

The Big Change and Four Rules not learned from the Great Depression – Break up the Banks, Protect Workers, Use Stimulus Funds for Jobs and not Banks, and a Government Protecting the People.

As we drift further and further from the abyss of March of 2009, there is a slow acceptance that things are getting better even though average Americans need only look at their individual household balance sheet to know this isn’t the case.  How can things not be better they ask?  The S&P 500 is now […]

Sep 15 2009

S&P 500 is The New Bubble: Current S&P 500 Value is Betting on Return to Bubble Peak, Housing Mania, and 4 Percent Unemployment.

One question that seems to pop up every so often is whether the S&P 500 is overvalued.  To put it simply, it is hyper-valued.  From the 666 low reached in March the index has rallied 57 percent.  Unfortunately much of the rally is based on temporary government stimulus, the U.S. Treasury and Federal Reserve trashing […]

Aug 24 2009

Federal Reserve Paying Interest on Excess Reserves: Why Lend when you can Earn Interest for Holding on to Funds with Low Risk? The U.S. Treasury and Federal Reserve Walking a Tight Rope.

One tiny announcement made by the Federal Reserve back in October of 2008 is finally making some noise in the dark corners of the internet.  What the Federal Reserve announced at the time was that it would begin paying interest on depository institutions’ excess reserve balances.  Now why this is important is that it offers […]

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