Nov 2 2008

Dear Government Officials and Economic Policymakers: Every American Doesn’t deserve to be a Homeowner.

Dear Government Officials and Economic Policymakers: I think many responsible Americans are thinking why is it such a necessity or right to make every American a homeowner?  Homeownership has become somewhat of a third rail in economic policy and political talk.  If you really think about it, not every person deserves or can own a […]

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Oct 31 2008

Markets Face Worst October since 1987: Dow Jones Industrial Average on Pace for Worst Year to Date Record since 1931.

At the start of Monday, the Dow Jones Industrial Average was down 36.83% for the year.  How bad was that?  Let us put it this way, the only two years with more Shakespearean tragic one year performances were in 1907 and 1931.  That is how significant this crash is.  Even with the amazing recovery of […]

Oct 17 2008

Joe the Plumber Salary: How to Live Like you Make $250,000 when you only make $40,000 a year. Republican Pipe Dream Machine at Work.

I know many of you are sick of hearing about Joe the deadbeat plumber but it warrants a full budget article because “Joe” is simply a symbol of the Republican machine of being for the everyman.  In essence, this Samuel Joseph Wurzelbacher stopped Senator Obama in Ohio to ask him a question about taxes.  The […]

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