The Fed, the end of stimulus, and the end of the dollar

Unfortunately, it’s starting to happen… The Federal Reserve is now in the throes of unwinding it’s unprecedented monetary stimulous (i.e. money printing), and it’s hitting developing markets severely.  Brazil, Argentina, Russia, and other developing markets are feeling the impact of foreign capital fleeing their fragile economies, and their currencies are losing value at an incredible … Continued

Read More

OBAMACARE IMPACT: THE REAL STORY

The Congressional Budget Office has spoken:  Obamacare to cost over 2 million American jobs, at a time we can least afford it.  The news media has finally connected the dots as to where we are headed.  The fact of the matter is, no matter how much I support having people that need medical care being … Continued

Read More

Consumer confidence down, gold meltdown, and now the horrific terrorist acts at the Boston Marathon? is the economy strong enough to absorb the shock?

The terrorist acts at the Boston Marathon were reprehensible, performed by a coward, or group of cowards and aimed at doing damage to so-called “soft targets”.  Let’s ditch the political correctness and call it what it is:  innocent, civilian men, women and children.  Yep, folks, it sure is a new era upon us. Throughout the … Continued

Read More

Romney and Obama Square Off in polls. Can Either Fix The Economy?

Trillions upon trillions of new debt.  High unemployment.  Anemic growth. Let’s face facts:  THE WORLD IS IN SHAMBLES.  Unfortunately for all of us, neither Romney, Obama, or resurrecting Ronald Regan from the afterlife will solve the problems.  To compare the federal government (or the governments of the Euro Zone) to your own household, the only … Continued

Read More

Japan Nuclear Meltdown Fears. Financial Meltdown May Be Worse

The recent earthquake and tsunami in Japan has wreaked havoc on Japan’s infrastrutcture and economy.  And the aftershocks are still being felt.  Not only are there geophysical aftershocks to deal with, but aftershocks in the Japanese economy and the ripple throughout the rest of the world’s financial markets. Of particular concern in the timing of … Continued

Read More

Obama’s State of the “Onion” Leaves Jobs/Employment layer unpeeled

Although I am not in the least an Obama fan (I am being kind here), at least I was happy to see some sense of vision for the future in Obama’s State Of The Union address last evening.  Some of Obama’s old fire was back, albeit misdirected once again. I am sensing the same old … Continued

Read More

Bankruptcy “Pat Down” On Par with TSA In Airports. And For Good Reason.

A United States Bankruptcy petition has nine different certifications declaring that everything in the petition is true and correct, under penalty of perjury.  It’s not a word to be trifled with in the least.  Nor are bombs and terrorist plots on flights. When filing a petition under any of the chapters of the Bankruptcy Code, … Continued

Read More

Can the Republicans fix the mess with jobs and the economy?

The Republicans, who took the house, several senate seats, and many governorships are now pushing the agenda favored by millions of Americans, hopeful that jobs will come back, while inlfation remains in check. The Obama Administration, however is still threatening to make a real mess of things after bringing us what can be considered “failed” Obamacare, a … Continued

Read More