Mar
31
The Economy: Why Is No One Talking About Waste?
March 31, 2009 | 1 Comment
You might remember that old commercial selling cheap wine. I forget the name of the wine, but a man and a woman are dining. She asks, "Is this (Insert name of cheap wine)?" The man replies, "Of course. How do you think I got so rich?"
The point is you gain wealth by not just making [...]
Feb
7
February 7, 2009 | Leave a Comment
First, read this article:
http://blog.stealthmode.com/2009/02/06/an-open-letter-to-my-two-mortgage-companies/
I, at first, wanted to join in the bashing that was going on in the various internet forums.
I scrimped and saved and paid off my home mortgage in about 6 years. I do coding/teaching/projects on the side and used it to pay off all my student loans and mortgages.
I think, much [...]
Jan
31
Obama Gives Keynes His First Real-World Test
January 31, 2009 | Leave a Comment
NPR has an article about Keynes and spending our way out of a depression.
One point about Keynes theory that if I remember correctly goes something like spend in bad times cut back in good times. Keynes is overused much like prescription antibiotics.
Prescribing Keynesianism to some politicians is like prescribing crack to a coke addict. [...]
Dec
9
Obama Stimulating Federal Light Bulb Changers
December 9, 2008 | 1 Comment
If you're waiting for another direct stimulus check, forgot about it. Obama doesn't have plans to send you one. Instead, he's going to change the bulbs in all the federal buildings. That should get the economy moving, right?
Obama has publicly stated his 4 priorities:
"a massive effort to make public buildings more energy-efficient"
"the single largest new [...]
Nov
28
Who Owns the United States?
November 28, 2008 | Leave a Comment
Would you guess the US Government owns huge chunks of the western United States? What does this have to do with wealth? Well, the number one secret of wealth is ownership, always have ownership.
Here's a map of the United States showing how much of each state the federal government owns. Would you believe the the [...]
Nov
25
No Stimulus Checks Yet
November 25, 2008 | 8 Comments
Many people have asked about the status of another stimulus check. What is the status of another payment? Are we likely to see another stimulus package?
The short answer is probably not. The first stimulus check took a massive effort.
The stimulus check helped a lot of people catch up on bills, spend frivolously on toys and [...]