Mortgage meltdown – Who wins and who loses?

Here’s a question for you: when a mortgage melts down, where does the melted money go? Is there some sort of giant drain in the economy where it all flows? The experts are saying that before the current meltdown is finished the total losses, from the banks alone, never mind the poor guy whose house [...]

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Big Business or Big Government – You Choose

There is a myth that prevails among many people, including our President, that the free marketplace is sort of like a giant economic computer that always comes up with the correct solution for society. The term “free market” is pretty much a euphemism for business and, in the same way the U.S. and the global [...]

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