Monthly Archives: August 2010

I Would Like 2 Scoops of B.S. With My Recovery, Please!

Recovery?  I am really perplexed by the inaction and incompetence in D.C. in even having the gall to claim anything about a recovery whatsoever.  THIS IS NOT A RECOVERY! This is a crisis and the mess is far from being cleaned up.  After almost $2 trillion has been borrowed, then loaned and spent, the economy [...]
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Finally a Financial Heavyweight Understands My AMERICAN REFINANCE PROGRAM

The headline below says it all.  I’m glad that big executives and business leaders have taken hold of what I have been promoting for two years.  It’s a really proud moment for me. PIMCO’s Gross Calls for Massive Mortgage Refinance (Reuters) – Influential bond investor Bill Gross dispensed more policy advice than the U.S. Treasury [...]
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‘Generation Z’ – for Zero

If you are 18-50, you fall into what I call “Generation Z” – for zero – a generation that will soon be known as “less than zero.”  Our social fabric and the American flag have become a tattered piece of burlap.  Our judicial elections are bought off with hundreds of millions.  The laws of the [...]
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“Summer of Recovery” is more like a Cold Winter

The much-touted “Summer of Recovery” is turning out to be just the opposite.  It is clear that our most conservative monetary body is bracing us for more – and continued bad news.  When the Fed speaks, the world listens; but when the Fed speaks with a shaky voice, then we had better pay attention.  The [...]
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Unemployment Will Go Up and Taxes Will Too

Tax the rich!  Off with their heads! Did I hear right?  Timothy Geithner just said that unemployment is going to go up and the Bush tax cut will stay for 95%.   I don’t even need to write one more sentence.  This is financial discrimination and a death knell for recovery! It couldn’t come at a worse [...]
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