Friday, July 24, 2009
Thursday, July 23, 2009
Racism?
Were the police racist, or was Prof. Gates out of line? Should the President be commenting on this while admitting that he doesn't know the facts? Here's the police report. You decide.
http://www.thesmokinggun.com/archive/years/2009/0723092gates1.html
Friday, July 17, 2009
Ron Paul, Ron Paul, Ron Paul!
The worse the economy gets, the more this guy make sense. Never thought I'd see the day when Ron Paul sounded less crazy than the people running the government.
Thursday, July 16, 2009
Wednesday, July 15, 2009
Paul Krugman
Paul Krugman very seriously argues that the reason the stimulus isn't working is because the government just isn't spending enough money, doggone it.
http://www.nytimes.com/2009/07/10/opinion/10krugman.html?_r=1
Paul, do us all a favor, and return that Nobel Prize.
Tuesday, July 14, 2009
No end in sight
People frequently ask me if I think the economy is about to turn around. I tell them no. No one who believes recovery is on the horizon can point to ANY statistic or indicator to justify their optimism. I tell you what I tell everyone else, the numbers you get from the White House, which are then passed along to the media are doctored. They are unreliable, and juked to make things seem better than they really are. Take a look at this fantastic article by Mortimer Zuckerman over that the Wall Street Journal about why the economy is in even worse shape than you think it is.
http://online.wsj.com/article/SB124753066246235811.html
Monday, July 13, 2009
Barbara Boxer
Oh Barbara, still stupid.
http://news.yahoo.com/s/mcclatchy/20090711/sc_mcclatchy/3269899
Tuesday, July 07, 2009
Cramer gets it right
Yet again, Jim Cramer gets it right and calls what no one else will. Oil Futures are a sham and the price of oil has ZERO connection to reality.
Monday, July 06, 2009
Foreclosure Process
One of the questions I get asked frequently is what the timeline on a foreclosure looks like. I found this on the internets, though honestly, lenders are a little more aggressive than what this chart lays out. Generally, a notice of default is filed after you've missed 4 months, and then things proceed from there. Here's a rough outline of the process though. There's probably something similar in your jurisdiction (except for California and their crappy No-Deficiency on first mortgages statutes).
Nevada Foreclosure Process
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Saturday, July 04, 2009
Graph Jams
One of my favorite sites is Graph Jams. I highly recommend you give it a look.
Graph Jam.com
Oh, and by the way, happy 4th of July!
Wednesday, July 01, 2009
National Debt Visualization
This was sent to me by my personal economist, Dr. Dave, PhD. I thought it was a pretty good way to visualize how out of control the debt has become.