In June, 2009, David Zetland and I wrote a short book to explain what has happened to our economy, who caused it, what should be done about it, and finally, we take a shot at looking into the future. It is priced at $4.95 and is available at www.scribd.com/doc/16864582/The-Great-Recession-Conspiracy. Take a look at the reviews. They capture exactly what we were trying to accomplish.
It is also available as a Kindle book from Amazon.
As every day goes by, we look smarter and smarter (but we are not). It is just that Washington refuses to recognize the truth about much of anything.
Saturday, December 26, 2009
Tuesday, December 22, 2009
Jobs, jobs, job, jobs and more jobs
In the year ended September 30, 2009, small business bankruptcies in California increased by 81% over 2008. Nationwide small business bankruptcies are up 44%. There is no way to know how many more small businesses simply closed down and went out of business.
The Obama administration simply does not understand that what small businesses need is customers, not tax breaks for hiring new employees.
The reason that this is extremely important is that small businesses create over two-thirds of all new jobs, year in, year out. By letting small businesses fail, the Obama administration is destroying any real chance of economic recovery.
For the first quarter EVER, the number of homes in foreclosure topped ONE MILLION! The Obama administration simply does not understand that when you do not have a job, you can't make mortgage payments.
Jobs, jobs, jobs, It is jobs stupid!!! The lack of comprehension of this simple fact by the millionaire economists and politicians in Washington is getting really scary!!
The Obama administration simply does not understand that what small businesses need is customers, not tax breaks for hiring new employees.
The reason that this is extremely important is that small businesses create over two-thirds of all new jobs, year in, year out. By letting small businesses fail, the Obama administration is destroying any real chance of economic recovery.
For the first quarter EVER, the number of homes in foreclosure topped ONE MILLION! The Obama administration simply does not understand that when you do not have a job, you can't make mortgage payments.
Jobs, jobs, jobs, It is jobs stupid!!! The lack of comprehension of this simple fact by the millionaire economists and politicians in Washington is getting really scary!!
Friday, December 18, 2009
They Just Don't Get It
It seems that no one in the Obama administration has the slightest clue as to how 300 million Americans really live. Here is more evidence.
Nine months ago, they trumpeted about a program to head off foreclosures (more than 300,000 a month continue). They said they would save the homes of four million people. But the have only rescheduled 500,000 loans and 498,000 of them are only short term modifications.
What the bone heads in Washington don't seem to understand is that when you have no job, you have no income, which means you can't make any payment.
Making Homes Affordable is one more dumb stunt by the Washington millionaires.
Nine months ago, they trumpeted about a program to head off foreclosures (more than 300,000 a month continue). They said they would save the homes of four million people. But the have only rescheduled 500,000 loans and 498,000 of them are only short term modifications.
What the bone heads in Washington don't seem to understand is that when you have no job, you have no income, which means you can't make any payment.
Making Homes Affordable is one more dumb stunt by the Washington millionaires.
Wednesday, December 16, 2009
Three Major Failures
I have taken the last month off writing this blog so I could lick my wounds and sulk.
I worked diligently and hard because I really wanted to believe that Obama would/could change the way business gets done in Washington. It turns out that Change We Can Believe In is no change at all. Here are the big winners on the three most important problems facing the U.S. today.
Healthcare: The Insurance companies.
Jobs: Goldman Sachs.
Afghanistan: The defense industry.
The losers: The rest of us.
I worked diligently and hard because I really wanted to believe that Obama would/could change the way business gets done in Washington. It turns out that Change We Can Believe In is no change at all. Here are the big winners on the three most important problems facing the U.S. today.
Healthcare: The Insurance companies.
Jobs: Goldman Sachs.
Afghanistan: The defense industry.
The losers: The rest of us.
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