Will the holidays save the economy?

Several straight gains in a row!  The stock market has rallied unlike anything seen in a very long time (link here).  Is this great turnaround so many wanted to see? The Europeans seemed to like it (link here).
The American government has done nearly everything conceivable to push this economy back into gear:  Promising trillions in [...]

Black Friday economic update

Did you get your 5AM wake up call from your local WalMart, reminding you to show up and get in the huge line to save $3 on a DVD player?  Yeah, me neither.   I’ve never done the “wake up at a ridiculous hour to stand in line for miniscule savings” thing on Black Friday either.  [...]

The magnitude of the bailouts

I couldn’t pass this one up.  The bailouts are going to be in the TRILLIONS.  One Trillion is a million times a million.  Utterly incomprehensible!!!!
Here’s an already outdated comparison of this 2008 bailouts to previous monstrous government projects:

This was showing the current bailout at just under $5 Trillion.  Well, that’s already outdated.  It’s now looking [...]

Happy Thanksgiving!

There’s been a lot of doom and gloom (I like to call it “observing the obvious”) on this new blog, but I did want to take a moment away from the horrors happening to our great nation to say “Happy Thanksgiving” to everyone!
We’ll get back to the reports tomorrow, while those who are still able [...]

The Real Estate Collapse Continues

The real estate sector is in a very bad way right now, and I’m afraid it’s only going down from here.   This is where the economy is really going to hurt.  The American consumer is a large part of the spending in this country and if they are fighting to keep their houses out of [...]

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