Economics

What is the proper role of government in our economy? Why do we have a business cycle? Is it really a consequence of freedom and free markets that a business cycle is created or is it the result of government intervention? Should the market decide instead of the government who the winners and losers will be in our economy? This blog attempts to review the relevant financial stories and facts that impact the American economy.

Friday, October 31, 2008

Inflationary Holocaust

Where are you spending your money as an investor? Why are we bailing out a bunch of 29 year olds driving Mazoradis? Jim Roger's common sense is incredible. There's a pretty good reason why he's rich. He understands the fundamentals of the economy:



Friday, October 24, 2008

The credit crunch claims its biggest victim - Argentina

http://www.moneyweek.com/news-and-charts/economics/the-credit-crunch-claims-its-biggest-victim-argentina-13892.aspx

The credit crunch claims its biggest victim - Argentina

http://www.moneyweek.com/news-and-charts/economics/the-credit-crunch-claims-its-biggest-victim-argentina-13892.aspx

Wednesday, October 22, 2008

Tuesday, October 21, 2008

Rober Kiyosaki - Rich Dad, Poor Dad

Was he right back in April 2007 on Fox News?

Sunday, October 19, 2008

Tuesday, October 14, 2008

Friday, October 10, 2008

Money As Debt

What are your thoughts about money as debt?

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Shattering the Glass-Steagall Act

William Kaufman explains why we're in this mess today. Did you know that Phil Gramm was McCain's chief economic advisor?

http://www.counterpunch.org/kaufman09192008.html

Glenn Beck Warns of New World Order

What is this New World Order nonsense?

Restore Glass-Steagall!

Restore the Glass-Steagall standard:

Wednesday, October 8, 2008

Tuesday, October 7, 2008

America's $53 trillion debt problem

David M. Walker served as comptroller general of the United States and head of the Government Accountability Office (GAO) from 1998 to 2008. He explains the $53 trillion debt problem that our country needs to get a grip on before it's too late and the government or economy goes belly up:

http://www.cnn.com/2008/POLITICS/10/06/walker.bailout/index.html

Economic Videos from the Chicken

The following link shows some good videos about our economy:

http://chickensmith.wordpress.com/videos/

US Has Negative Savings Rate for 2006

American have a negative savings rate as of 2006! Here's a few good articles that explains the savings rate:

http://commonlaw.findlaw.com/2007/02/us_has_negative.html

http://www.nuwireinvestor.com/articles/americans-negative-savings-rate-51005.aspx

http://chickensmith.wordpress.com/2007/05/01/us-consumers-negative-savings-trillions-in-debt-negative-equity-disaster-ahead/

Monday, October 6, 2008

Thursday, October 2, 2008

Bailout Bill

Here's the bailout bill:

http://banking.senate.gov/public/_files/latestversionAYO08C32_xml.pdf

Senator Bunning: Crisis Caused by the Federal Reserve

Is Senator Bunning right on the money?

KILLBILL - TARP Same bailout plan with lipstick on it - Defazio

Paulson is wrong again!

Henry Paulson: Economy Czar

I wouldn't trust Henry Paulson with my checking account. Would you trust Paulson?

Paulson is at it again!

Hanky panky Paulson:

America's Chilling Future

This is a good article from the MSM. I don't have high praise for the MSM, but I think that they probably realize by now that most people feel the same way. However, there may be hope for them after all:

http://www.cnn.com/2008/POLITICS/10/01/beck.future/index.html

Dick Armey Discusses the Dodd/Frank Bailout Bill

Dick Armey gives a good explaination of the bailout problem:

The Real Reason for the Bailout

Foreign investors are being bailed out!

Wednesday, October 1, 2008