Monthly Archives: August 2009

I made a trillion dollar mistake

Ok so I said the US debt would be 19 trillion in under 10 years a year ago. Whoops. Should have guessed we are dealing with the government. So 20 trillion it is over the next 10 years. This is just the 9 trillion dollar shortfall (deficit) to be made up by borrowing. I assure [...]
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Hey Did Warren Buffet Just Agree With Me

I’m in Good Company Finally on Debt and Deficit Ok I am not a national economic brand like Warren Buffet but very proud to be “On The Money”. With that I must say I do have a pretty large voice across the country and I have been ranting about the deficit and debt for 2 years. [...]
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Back Peddling on Peddling Government Insurance

Read Some Great Solutions and Ideas Weill it seems the people have some voice out there and the outrage has bubbled to the top. It is clear now that in its current state nationalized healthcare won’t become a reality. Whew! That will wind up being a call too close for comfort. I have 8 great [...]
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Federal Deficit Numbers are WRONG

$1.8 Trillion in 2009 – $1.3 Trillion 2010 We can add! $11.7 trillion debt + projected $3.1 trillion (2 yr deficit) + a trillion of newly printed currency. Taxes projected to be down another $500 billion this year. Whoops I forgot the other $1 trillion (sure to be much higher) for healthcare. The fact is this [...]
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Churches & Non Profits Get Hammered

Christians Are Not Exempt From Financial Woes Churches and all non profits are severely wounded by the financial crisis that has really hit home. Dependant on donations both are struggling to keep the lights on in some cases and significantly reducing programs for those that need it most especially now. This is a time in [...]
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An Economic Play Book 2009

Economy May be Bottoming but Main Street will Remain Under Water Economists are being conservative in a quarter by quarter analysis of how and when the US economy and housing market will recover.  Based on manufacturing output, exports and a host of variables everyone is eyeing GDP growth – especially when compared to last year.  I [...]
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