It was Albert Einstein who said that the definition of insanity is, “doing the same thing over and over again and expecting different results”. Congress has now passed legislation that will extend the first time home buyer tax credit deal – that’s the one that encourages people to buy a house now so they [...]
Posts Tagged ‘Economic Stimulus’
Can A New Housing Bubble Rescue Our Economy?
Posted in Economy, Government, Life, Thoughts, World Affairs, politics, tagged banks, mortgages, Economic Stimulus, Congress, economic meltdown, tax credits on November 6, 2009 | Leave a Comment »
Is the U.S. Economy Dead or Is It Just Dying?
Posted in Economy, Government, Life, Technology, Thoughts, World Affairs, politics, tagged 401k, 529, banks, Capitalism, economic meltdown, economic models, Economic Stimulus, Economy, stock market, TARP on October 23, 2009 | Leave a Comment »
One year ago, the entire American banking system was on life support. It was only through the intervention of the Federal government, using the promise of a semi-infinite supply of tax dollars that some of the banks survived. If this infusion of billions and billions of dollars of cash had not been made our entire [...]
A New World Order
Posted in Christianity, Economy, Government, Life, Religion, Thoughts, World Affairs, politics, tagged banks, Capitalism, China, Economic Stimulus, Economy, Freemasons, Multinationals, Outsourcing on September 29, 2009 | Leave a Comment »
In 1776, a group of revolutionary minded people, many of whom were Freemasons, created the United States of America. This new country was to be a break from the past. The leaders of the movement: George Washington, Thomas Jefferson, Benjamin Franklin, John Hancock, and many more were Freemasons. They were informed and inspired by some [...]
It’s Time for a Firehose Stimulus
Posted in Economy, Government, Life, Thoughts, World Affairs, politics, tagged Biden, Economic Stimulus, Krugman, Roubini on July 8, 2009 | 1 Comment »
Vice President Biden said it very clearly – we “misread how bad the economy was”. That’s the good thing about Joe Biden; he just tells you straight, just like it is. He doesn’t try to finesse things or put the right political spin on things – he just blurts out the truth as best he [...]
Cast a Cold Eye on Retirees
Posted in Economy, Government, Life, politics, tagged baby-boomers, Bailout, Economic Stimulus on February 13, 2009 | Leave a Comment »
It’s like being on the Titanic and seeing that the lifeboats are already all full. The ocean is littered with icebergs and the water is freezing. The stern of the ship is rising out of the water and you are left alone to fend for yourself, there is nothing the crew can do for you, [...]