Showing posts with label Economic Outlook. Show all posts
Showing posts with label Economic Outlook. Show all posts

Friday, May 20, 2011

U.S. Home Prices Will Continue To Tumble

With a vast oversupply of housing for sale, U.S. homes prices keep falling. And in many markets, half the sales are foreclosures or short sales, meaning owners have to write-off their equity and lenders have to write-off a portion of their mortgage amounts to complete a sale.
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Greece Will Default On It's Debts, Renewing The European Debt Crisis

Each time the European Central Bank and the International Monetary Fund tell investors the crisis is over, they are proven wrong. Greece, Ireland and Portugal are deeply in debt and the bailout each of them received is onerous and will eventually force them each to default.

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What Does The Current U.S. Corporate Rush To Borrow Money Tell You?

It tells you they anticipate higher interest rates once the U.S. Fed in June ends its massive stimulus plan and they want to secure all the cheap money they can now.
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Wednesday, May 18, 2011

If controlling government debt can save the economic health of the country, what's the plan?"

The fight is over whether or not to expand the debt ceiling to stop Congress and the President from continuing their reckless spending. Superficially it appears the Republicans will draw the line. No big budget cuts, no approval for a higher debt ceiling. Don't be fooled, both parties need the spending to continue and the cuts they discuss are far too small. Here is how their reckless spending will effect you:

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Saturday, May 14, 2011

Why Home Prices Will Continue To Fall

U.S. home prices last quarter posted their sharpest drop since 2008, falling 3% even from the prior quarter. And the fall in home prices is accelerating. Why?
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Saturday, April 30, 2011

How The Fall Of The U.S. Dollar Effects You

On Friday, (4/29) the U.S. dollar sunk yet again, hitting lows not seen since the summer of 2008. In fact, in 2011 alone, the dollar has lost 8% of its value against a basket of other major currencies. How will this effect you?
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Why Gold Hit U.S. $1,556 An Ounce, A New Record

On Friday, 4/29 gold hit a new high at $1,556 up $25.20. It happened because many of those who can afford to buy gold see the U.S. dollar continue to lose its value and they are seeking a hedge. They are acting out of fear and their fears are well founded.
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Monday, April 25, 2011

A Tribute To War

It's America's greatest stimulus plan. Directly or indirectly through subcontracts, war employs millions of Americans, many in high paying jobs, all at taxpayer's expense.
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Saturday, April 23, 2011

This Can't Be Happening In America

America, the land I love, a beacon of freedom and compassion to people all over the world could not possibly be doing these things:
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Thursday, April 21, 2011

Is Gold A Good Buy At $1,500 An Ounce?

Assuming you can afford it, is U.S. $1,500 an ounce for gold a good buy? It depends upon how you view the future of the U.S. dollar. Gold may be overpriced at this level or eventually an excellent investment at $3,000 an ounce or more.
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Tuesday, April 19, 2011

U.S. Home Prices Keep Falling: Why Should You Buy?

For six months in a row, prices have fallen. Last year there were a million foreclosures. This year there will be at least a million more. Many homes are worth less than their mortgages and that number is growing fast. Meanwhile, the U.S. has 20 million people who are unemployed, underemployed or are no longer counted because they have been out of work for over 99 weeks. Also, high food and gas prices are pinching budgets. Why should you buy?
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Thursday, April 14, 2011

Should We Have A Billion Dollar U.S. Presidential Campaign?

President Obama launched the most expensive Presidential campaign in U.S. history. To pay for it, he held the first of many private meetings with wealthy and corporate donors, all of those meetings off-limits to the news media, which cover only "public events." Inherently, he knows those private meetings are nothing to be proud of as he and his aides collect the money donated in return for future favors.
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Tuesday, April 12, 2011

The Effect On You And Me From A Debt Ceiling Clash In Washington

Cutting just $38 billion from this year's federal budget, one with a staggering deficit of $1.6 trillion, set off a fierce partisan battle that nearly shutdown the U.S. government. Now comes the debt ceiling clash.
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Monday, April 11, 2011

A Portugal Bailout: Why Should You Care?

The Wall Street Journal (4/7/11) headlined, "Portugal Pleads for Rescue: Bailout Request - Europe's Third - Will Test the Euro Zone." If you are not European or even Portuguese, why should you care?
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Friday, April 8, 2011

Why Is The U.S. Government Facing A Shutdown?

The answer is the Republicans and Democrats are fighting over power and each blames the other. The claim by the Republicans is that it's over crazy spending but what is crazier spending than the U.S.'s three wars?
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Tuesday, April 5, 2011

7 Ways You Can Save Significant Money On Your Fuel Bill

Fuel prices are now their highest in 30 months and while they will fluctuate, the trend is sharply upward. How can you save significant money on your fuel bill?
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Republican Party $4 Trillion Budget Cut Plan: DOA

Why is it dead on arrival? Because it is based on phasing out Medicare and Medicaid, thus placing the burden on the backs of the elderly and the poor. And even if that was done, our debts are now so big that all of that money would not solve what we as Americans are facing.
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Monday, March 28, 2011

10 Ways To Save Significant Money On Your Food Bill

In March, the U.S. Labor Department stated February wholesale food prices made their sharpest jump since 1974. Measured in U.S. dollars, corn costs three times what it did a year ago and soybeans, wheat, rice and other staples are skyrocketing as well. Farm animals are also fed these grains which means the cost of meat and milk is shooting up too.
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Tuesday, March 22, 2011

How Will The U.S. Pay For The Libyan War?

On March 19th, the 8th anniversary of the Iraq War, President Obama launched the Libyan War. But he didn't say how he plans to pay for this war so presumably like the Iraq and Afghan Wars, it will go on the credit card.
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Friday, March 18, 2011

Yen Hits Record High Vs. The U.S. Dollar

Despite Japan's staggering problems, its currency rose to an all-time high vs. the U.S. dollar at one point two days ago rising to 76.25. What does this tell us?
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