"There hasn’t been an empire in the history of mankind that has given away its wealth and its power base like the United States is currently doing. What are you doing? You’ve got 20% unemployment, you’re trying to bailout out the Chinese, you’re trying to bailout the Indians, you’re trying to bailout the Middle East,… Continue reading $2,000 Gold
Month: September 2010
Subsidy of Debt: The Broken Business Model
Remember when “flipping” houses was the hottest investment around. Just go down to Florida and buy a condo, put it back on the market at a higher price and wait. If you had a good credit score and reasonable cash flow, you could leverage up dramatically thus generate much greater profits. 60 Minutes interviewed a… Continue reading Subsidy of Debt: The Broken Business Model
The Game: Easy to get in, hard to get out
“Greed is the root of all evil.” Yes, I know we have heard that the “love of money” should start the sentence but the translators could have easily replace the phrase with the word greed. Greed is an excessive desire to possess wealth or goods and it also known as known as avarice or covetousness. … Continue reading The Game: Easy to get in, hard to get out
Walking Worthy of Your Calling
Ephesians 4:1-2 I, therefore, the prisoner for the Lord, urge you to live worthily of the calling with which you have been called, with all humility and gentleness, with patience, bearing with one another in love, Each of us has a calling by Our Heavenly Father and you can be sure it is to give… Continue reading Walking Worthy of Your Calling
Stuxnet: a Case against Complexity
I have been associated with the technology field for nearly 40 years. It used to be an 8 to 5 job but is now 24×7. Our misassumption is that technology will improve our lives but I beg to differ. It will certainly change our lives but it will also put us at risk of loss… Continue reading Stuxnet: a Case against Complexity
The Hidden Depression
One in seven Americans is living at poverty levels which equates 43.6 million people. This number does not account for the underground cash economy. Some of these people are not reporting cash payments and are evading the tax system. By doing this, they do not contribute their share of social security and the tax structure… Continue reading The Hidden Depression
Commercial Real Estate Deterioration
The following describes the downward spiral of the commercial real estate contraction: 1. Less consumer traffic forces marginal retailers to close once they have liquidated their merchandise at distressed prices. 2. Distressed prices redirect consumers away from the stronger retailers moving them toward marginal business levels. 3. Further price erosion occurs in an attempt to… Continue reading Commercial Real Estate Deterioration
Crisis Window
The next five years (2011-2016) have a high probability of a national if not a global crisis. The globe is headed towards an economic cliff and the challenge is that no one knows “when” we will arrive. Those in power simply do not know how to fix the economic problems and are now beginning to… Continue reading Crisis Window
The Collapse of Credit
The baby boomer generation has fueled the use of credit for the last 40 years and that is now changing. The prime means of increasing wealth was through the use of leverage: borrow as much as possible to buy the biggest house because it will increase in value. The problem was the “end game”. What… Continue reading The Collapse of Credit
Where is your focus?
Luke 17 20 Now when He was asked by the Pharisees when the kingdom of God would come, He answered them and said, "The kingdom of God does not come with observation; 21 nor will they say, ‘See here!’ or ‘See there!’ For indeed,the kingdom of God is within you." One of the reasons I… Continue reading Where is your focus?