Commentary on news, politics, religion, and the economy...

America's Financial Future

American standard of living

Where are the opportunities for the future? What will the social landscape look like in the future? Will the middle class exist for working America?

A Sunny View of the Economy

sun-city-88

With the economy crashing down around us, I recently felt the need for some good advice from someone who really understands what is happening and how to get through it all. I called my bridge-playing, bird-watching friend, Eric Swanson, and asked him who he knew that might be able to give me some quality financial [...]

National Banks of America?

nat-bank-fp

Injection of capital using taxpayer funds appears to be the administration’s choice for the near future. The trouble is that funds are being given to banks with no control over their use to the same managers who drove those banks into near bankruptcy.

Who is Peter Schiff and why didn’t we listen to him?

Peter Schiff

In 2006, Schiff predicted that we were headed to a recession, and it was probably going to last for several years. His position was laughed at by many experts, including Ben Stein and Arthur Laffer, among others. Who’s laughing now?

Paulson: "Give me a blank check – or else!"

George Bush and Hank Paulson

The pressure to get the $700 Billion Wall Street Relief Program through Congress is unrelenting. President George Bush and Secretary of the Treasury Hank Paulson are threatening us with a total collapse of the US banking and financial systems if both parties (and we the taxpayers) don’t give them a blank check to do with [...]

The Bush Administration is a joke

Ben Bernanke, Federal Reserve

Federal Reserve chief, Ben Bernanke, spoke today and finally admitted that the country “might be” heading toward a recession.  Is he for real?  Is he just now realizing what everyone else in the country (with the possible exception of the President) knows for a fact – that we have been heading toward a recession for [...]

Bush's sinking economy is drowning us all

It’s been awhile since I updated this blog, but some of my enthusiastic readers may remember my post back on December 11th when I chided the Federal Reserve for its half-hearted attempts to avoid a recession. Well folks, it’s too late.  We are on a slippery slide to one of the worst recessions in recent [...]