Government spending


The Perfect Health Care Plan For The Legendary 46 Million

Another Government Solution At Zero Cost
Congress has been working hard lately as one trillion dollar legislative decree after another has “solved” the banking crisis, the global warming crisis and the foreclosure crisis.  In between all of this, [...]

Obama - 40 more years!

Obama - 40 more years!

For all of those worried about tax increases, slow economic growth and rapidly expanding deficits, I have one word - relax.  Consider the following comments made by the President today.
Obama Says Robust Growth Will Prevent Tax Increases
June [...]

The Cost Of Easy Money - $14 Trillion and Counting

The Cost Of Easy Money - $14 Trillion and Counting

Supervisory Insights - Where The Money Went
The FDIC released their Supervisory Insights report today which contains a detailed breakdown of the almost $14 trillion dollars committed by the Government to support the financial system over the past [...]

Fiscal Discipline - Endorsed By All, Practiced By None

Has anyone noticed the correlation  of “fiscal discipline” chatter to rising interest rates?  Efforts by the Fed to manipulate rates lower through the outright purchases of treasuries and mortgage securities seem to be failing as the long [...]

Geithner - “I am not a crook”

Geithner -

“Chinese assets are very safe”
This remarkable assertion regarding the safety of US debt securities held by China was made by Timothy Geithner, US Treasury Secretary, during his visit to China.   That Mr. Geithner felt compelled to make [...]

Hyperinflation Worries - The Next Black Swan Or A Contrary Indicator?

Inflation Concerns Increase
There has been much speculation lately about the end results of the US Government’s massive deficit spending.   Many analysts are predicting that the end result will be hyperinflation as the Fed is forced to monetize [...]

Mortgage Rates Skyrocket As Fed’s Rate Manipulation Fails

Mortgage Rates Skyrocket As Fed's Rate Manipulation Fails

Markets Will Ultimately Determine Long Term Interest Rates
Treasuries continued their sell off today as the yield on the 10 year benchmark bond climbed to 3.72%, a stunning increase from the recent lows just over 2% in late [...]

California’s Crash Omen of Nation’s Future

Borrow and Spend = Crash and Burn
California has always been the trend setter for the nation but never more so than today as it totters on the edge of insolvency.  The theory that States or Nations cannot [...]

America’s Triple A Credit Rating - At The Precipice?

Black Swan Events Becoming Routine

Our Nation has avoided the decline into the abyss that many have been predicting during the economic crisis.  At the cost of approximately $13 trillion in government bailouts and guarantees the system has [...]