Archives by Tag ' inflation '
Mar 16, 2008

Several people have emailed me regarding what to do with their investments. I am not Warren Buffett and I don’t have a crystal ball so what I say here should be checked against other knowledgeable analyses. Keep in mind that most people are full of s–t. Everyone thinks they are a genius in an up […]

Mar 16, 2008

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 […]

Mar 3, 2008

The continuing decline of the U.S. dollar will only hurt you if you are holding U.S. dollars — NOT so much if you are holding real estate  — i.e, your home. Before you go overboard in panic mode, consider this, and hope….  The mortgage meltdown free money craze may have pulled the trigger, but the […]

Jan 24, 2008

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 […]

Dec 28, 2007

You must read Floyd Norris’s article in today’s New York times if you want to get a grasp on the risks facing the economy, everyday living, and virtually all U.S. investing. See “Credit Crisis? Just Wait for a Replay.”  The article itself was very good in describing the real depths of the risks facing us, […]

Dec 23, 2007

  How to Benefit from the Mortgage Meltdown: Tax assessments are heading south along with home valuations — at the moment. Price declines from lower demand and oversupply will continue in many places for years to come.  If the experts are right, the first thing we can already see happening is that revenues from taxes […]

Dec 22, 2007

It is time for truth and unfortunately consequences. The numbers are staggering. More than $46 trillion in commerce has been impacted by the astonishing scope of this fraud. The rippling effects are washing over unsuspecting people, towns, states and countries like a tsunami and it just keeps getting bigger.  The lies are now compounded by […]

Nov 30, 2007

The fraud perpetrated on the world by mortgage creativity emanating from Wall Street amounts to the unregulated creation of proprietary currency leveraging off of the U.S. dollar. By creating this free money, the giddy co-conspirators went nuts and now have all sorts of rationalizations about how their behavior was not illegal, unfair, or immoral. The fact […]