Real Estate

Where Will the Money Go?

Our leaders would do all of us a favor if they took a course in common sense economics. Common sense economics attempts to view things from the perspective of the global consumer, not “too big to fail” transnational banks. Those with a common sense approach to economics know that lowering interest rates won’t boost domestic spending because Baby Boomers dominate the wealth in America. The Fed is essentially assuming that Boomers are…

Some Thoughts

This post is going to be slightly different from my normal posts. I feel the readership of this blog has grown quite large and people don’t even know who I am. There may come a time in the near future when I stop writing because of projects I’m working on. I’ll do my best to offer my insights as this crisis unfolds, but I can’t guarantee it. Well I’m 27…

Is Real Estate Unaffordable?

With silver finally experiencing a mini-correction today, I am gladly taking a break from talking about it. I’m sure there will be plenty of time to talk about silver in the months ahead. Today I want to focus on the latest Case-Shiller report. The Case-Shiller home price index fell for the 8th consecutive month in February. Home prices are now hovering sightly above the lows of April 2009. 10 out of the 11 cities…

Government Shutdown Averted, Debt Still Problematic

The tendency of our leaders is to focus on small things and lose sight of big things. Just last week, there was a panic over a potential “shutdown” of our government because of a budget impasse. Luckily, we averted a crisis because Democrats and Republicans were able to put their differences aside and come to a compromise of $38 billion in cuts. But oh wait, isn’t our projected 2011 deficit $1.65 trillion? This much-publicized cut…

The Disaster for Retirees

The years ahead are going to be very trying for our country in general and Baby Boomers in particular. I’ve often attempted to explain how this crisis is going to hit Baby Boomers especially hard. When the Fed sets monetary policy, they are putting speculators ahead of Boomers. This is a fact. A major crisis is forming because Boomers are feeling pressure on their investment portfolios at the same time that pensions are underfunded. Where…