The American Economy: Vapor without ValueMy effort here has been to point out that we are creating a fraudulent environment, much like an embezzler, that requires more fraud and more lies each time to cover up the last fraud and the prior lies. Our economy is now one which runs on boom and bust and cannot run any other way…[...]

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Tags: boom, bubble, bust, economy, fraud, lies, new economy, value
Posted in bubble, Corruption, Eviction |

Mortgage Meltdown: Economics 101Theoretically economics should be a separate discipline from politics. It is referred in textbooks as the study of scarcity and allocation of resources. It ought to be an “assist” in developing national, regional and local policies that lead to better lives of citizens. In fact, however, it is merely an arm of political partisanship and ideology. It…[...]

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Tags: crash, economics. econometrics, education, rational maximizers, stimulus
Posted in bubble, Corruption |

David Leonhardt: Congratulations on your article today in the NY Times. You addressed the elephant in the living room. For about 100 years, the United States has been acting like an embezzling bookkeeper. First "borrow" a little. Then borrow more because of "necessity", now you are in debt you cannot pay and living better than you ought to, buying things…[...]

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Tags: consumer buying, David Leonhardt, fraud, inflation, Ny Times, Obama
Posted in Eviction, securities fraud |

Our division of opinion on the Wars in Iraq, Afganistan and secret wars being conducted by our government has become so confused, with the assistance of an extremely lazy and under-resourced media, that real discourse leading to compromise and resolution of the issues has become our greatest challenge. In other words, we are not talking about the real issues. Instead…[...]

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Tags: abortion, congress, constitution, guns, patriatism, president, war
Posted in Corruption |

The reason the Federal Reserve is having so little effect is that virtually all of the "bad money" was created out of its reach. People create their own money in many types of transactions, and even if some portion goes through the Federal Reserve, for purposes of accounting between banks, the creation and existence of the “bad” money exists apart…[...]

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Tags: banking, devaluation, Federal reserve, Germany, Glass Seagal, mortgage meltdown
Posted in bubble, Eviction |

I've kept quiet about this too long. I guess I thought that whoever was doing it would stop out of fear of discovery. I no longer believe that. In my opinion a Republican will be elected in the next Presidential election. Actually that is not true. A more explicitly true statement would be that a Republican will be sworn into…[...]

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Tags: algorythm, Cheney, design, Diebold, fraud, Hillary, Obama, programming, tabulation
Posted in Corruption |

Program Approach to the Way Out: Send this to everyone you know Baltimore suing Wells Fargo is a wonderful first step in setting the stage for softening the landing on the mortgage meltdown. They are completely correct, and the research behind the standing of governmental entities and agencies to sue the lenders is impeccable. This will turn into the same type…[...]

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Tags: Baltimore, EMS, fraud, GTC | Honor, Mortgage, Wells Fargo, workout
Posted in bubble, Eviction, securities fraud |

Hold everything!!: Second Bubble on the Way!!!????Interest rates dropping, Fed lowering its rates, and incoming capital from China like it was water. We now see the strategy to prevent the world from marking the Bush administration down as the most foolish, stupidest in history. The plan is to create a second bubble. They will say that the pundits were wrong, that…[...]

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Tags: bubble, Fed, free money, housing prices, interest rates
Posted in bubble, Corruption, Eviction, securities fraud |

A Few Tears and the Polls Were All WrongMaybe she was being tactical and maybe it was real. Maybe it was both. It doesn’t really matter. The results in New Hampshire underscore a serious flaw in the delivery of information to the American public and an even more serious flaw in the way we make decisions. Clinton’s narrow win over…[...]

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Tags: Clinton, community banks, credit unions, FICO, Obama, Polls, SAT
Posted in Corruption, Eviction |

Strategies for Living in a Failing Economy: Break the Bond of Mortgage and NoteWhile You Deal with Foreclosure and Eviction: Buy time and Make MoneyTime for States and People to Act Now --- Don’t Wait for Federal GovernmentEven while the Bush administration and bell ringers on Wall Street attempt to maintain the appearance of business as usual, the underpinnings of…[...]

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Tags: ARM, credit crisis, economy, Euros, gold, meltdown, oil
Posted in Corruption, Eviction, securities fraud |