Posted on
October 28, 2008 at 11:05 PM
The American Dream once strongly stood for ideal freedom. For as a child in America, we are so fortunately nagged about what we want to be when we grow up: a fireman? an astronaut? or how about an entrepreneur? The American Dream meant career choices for everyone in America!
But somehow our freedom of choice that once so clearly encompassed the American Dream changed. Not sure when or how, but it clearly changed. For as I grew older, the American Dream became all about owning a home. What house, in what neighborhood, with how many bedrooms was all that we seemed to dream about. But then suddenly, the dream became a nightmare. Continued »
Posted on
October 16, 2008 at 1:14 AM
Given the poor state of the economy, isn’t it inevitable that the system for trash removal commonly referred to as “Pay As You Throw” is soon coming to a theater near you? So what happens when our cities and towns charge us individually by weight and/or size for the trash we produce?
Think about how much trash is being imported into your city everyday, only to be removed and sent to never never land the next day. The inefficiency of such an economic system is soon to be confronted. We have no choice. Our cities and towns can no longer afford to just turn the cheek and waste all that energy. Continued »
Posted on
October 13, 2008 at 11:34 AM
They say that believing and knowing are two different things. Believing may be exciting or hopeful, but it is without the logic of knowing. To figure out the difference, lets ask ourselves some questions about the economy?
Do you believe that our banks are lenders, or do you know that they are borrowers?
Do you believe that our money markets are risk-free, or do you know that funds were lent to Lehman Brothers and AIG?
Do you believe that solar energy is more expensive than “alternative” forms, or do you know that silicon, the natural resource used to make Solar Panels, is the second most abundant element on earth after oxygen? Continued »
Posted on
October 2, 2008 at 6:32 AM
My parents (Happy Birthday Mom!) used to always say it, “Money doesn’t solve anything”. But it never hit home more than this past week when our leaders proposed a strategy to solve this “Economic Crisis” with more borrowed money? As if borrowing $700B is the answer to all our economic problems. Print another…
Oh yes, and our leaders say it must be “invested” in reinvigorating the establishment of credit. The government itself to go on credit in order to provide the credit, so that it will eventually trickle (yes, trickle) down to provide credit for the “average” American to eat as well. What a lifestyle, with a time gun to our head saying “pay me or else” all the way through! I can’t wait to get that credit flowing again. Continued »
Posted on
September 19, 2008 at 5:16 PM
A developer once told me that if you do a deal with someone that has fleas, your bound to get fleas. For example, Bear Stearns and AIG have fleas. I understand the fear-based argument for getting fleas, “We have no choice”. But borrowing more money to participate in the Flea Market can’t be our only choice. What if the “Free Markets” posed another choice? What if there was a much better way than borrowing more time and money just to get fleas (and these are big and scary fleas)? Continued »
Posted on
September 18, 2008 at 12:15 AM
As the Fed continues to “print” more money what is the effect on the economy. Can they “print” their way out of this economic slide by lending more and more money to their friendly financial institutions? “Printing” more money against the same asset base is like an alcoholic having “just one more drink”. Such an attitude eventually leads to another and another…it is a bad idea and only works to “inflate” the existing problem. Continued »
Posted on
September 10, 2008 at 7:48 PM
You must invest retirement savings in the businesses and real estate in your own State. The U.S. economy has changed. It has become more local and will continue to do so to fight off imported inflation. The dollar has inflated. It has dropped about 50% in value from its peak across all major trade currencies. As a result, we are experiencing a much higher cost to transport and import goods and services.
However, the reality is that it is the perfect investment opportunity to start working the local land again. Prices for local farmland is relatively low as it relates to higher prices from more demand and lower supply. Continued »
