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thinking
Inflation = increase in money supply, resulting in loss of value and increase in prices. Debt buying increases money supple, resulting in loss of value and increase in prices. Fed lowers interest rates, to promote borr… -
Possible Near Future Scenario?
China owns an incredible amount of US debt, in the trillions of dollars, as I am informed. Is it not possible, given the current state of the economy, that China could decide to foreclose on the debt, thus rendering the … -
Thank you, Ms. Pelosi!
Thirty million dollars goes to House Speaker Nancy Pelosi's district in the San Francisco area to restore wetlands and in part to protect the endangered salt marsh harvest mouse. Thank goodness. Now that the Harvest Mou… -
The Money Tree
End taxes now! Congress need only print the money they need to run their daily business, wars, welfare, etc. The costs will be passed on to the people through inflation caused by flooding the market with new bills. It … -
Auto Makers
The automakers screwed up, they failed to maintain their business edge. Their lobbyists got congress to make so called consumer protection laws, which in fact where big business protection laws, making it nearly impossi… -
Oh, No!
The economy will collapse, say the automakers, if said automakers are not helped by the Government. I still say that if we continue to prop up this house of cards, the collapse, when it comes, will be that much worse. -
An Old Clorox Bottle
Bail 'em out! Bail 'em all out, while we're at it. The banks screwed up and made too many loans to people who could not pay, so bail them out! Don't do it and the economy will suffer, short term at least. The Auto Comp… -
Economy
They say the economy is down, hurting, "in the toilet". How can it be otherwise? We've been having a big party, a festival of spending an buying on credit. Credit. The key word is credit. As the amount of outstanding… -
Rambling
I heard it said that the current crisis is hurting all home owners.... It ain't hurting me, my home is paid for and I have no intention of selling, so what do I care what home values are doing? In fact, the current cris…
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