I've been working on this problem for over a year.  No act of prescience or brilliance was required to know that if you pour water from a pitcher, eventually it will be empty even if you splash some more in from time to time. There isn't enough money in the world to save us from a crash.  The ONLY thing…[...]

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Fall of the Dollar + HYPER InflationThe fix is out. The Fed’s last ditch effort using depression era authority to hold off Bear Stearns failure is all we need to know. Officials at the Fed admit publicly that what they are doing is not fixing anything. Economists have taken off their rose colored glasses and see a bleak landscape. The…[...]

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Get with the Program: Challenge for the Obama Presidency. Fundamentals vs. Brute ForceAmerican policy should be changed to reflect the paradigm shift --- to determine ways in which we would be an acceptable member of the European Union and gradually shift to the Euro as the currency of choice. In order to accomplish this, U.S. leaders must guide the country…[...]

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While there is an obvious combination of hypocrisy and deception in allowing financial institutions to use their CDO's for collateral or capital reserves, this latest move from the Fed comes closest to addressing the real issues on the banking, money and liquidity issue. I'm no supporter of sweeping problems under the rug, but what we need most right now is…[...]

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Here is my answer to the heart wrenching story presented by one of my readers. Perhaps it will help others as well. Your story is heart wrenching. You did everything right and it came out wrong. The deck is stacked. Perhaps there is a silver lining in all this. You have some extensive experience in dealing with this situation. I don't…[...]

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Reality CheckBefore we go forward with who called who a monster, or Ken Starr, bringing back memories of deceit, sex, lies and and videotape, let’s do a reality check. People are hurting and the candidates are getting information from advisors who simply don’t get it: the monster here is the economy, reflecting society decisions that are having screamingly negative consequences…[...]

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The problem for homeowners is that however many ideas are put forward they won't be effective in time to save most people, they won't be in time to save the economy, and they won't be in time to save our currency from further wrenching devaluation. It is the fierce urgency of now that cannot even wait to the election or…[...]

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OBAMA MOVEMENT IS LAST CHANCE FOR ECONOMY AND HOMEOWNERS.CHANGE THE RULES OF CIVIL PROCEDURE REGARDING FORECLOSURES OF ALL TYPES.As we have have repeatedly pointed out, there is no time for stimulus packages, legislative bailouts, or executive orders. The evidence is mounting because [a] the situation is as bad as it looks and it is getting worse and [b] the administration ran…[...]

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NAFTA-GATEThe mortgage meltdown is a by product of many different unsavory things. One of them is the effect of NAFTA and our complete lack of control over our borders which has suddenly sliced into the ability of middle-class to keep their job, get a job or earn enough to pay the mortgage and other expenses, even with multiple incomes. NAFTA-GATE is…[...]

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It's 3a.m., the phone rings. A girl with an apron answers and says "Thanks for calling Crispy Creme." Hillary places her order for Bill. The fact is that none of the three candidates --- McCain, Obama, or Clinton have ever had that 3am call nor have they ever had to make an executive decision in a national crisis. On experience…[...]

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