U.S. Debt Clock Reveals Time Isn’t On Our Side

Posted by on Aug 25, 2009 in Economy, GDP, Government Spending | 0 comments

The U.S. Debt Clock currently has the National debt at approximately $11.72 trillion.  With a current U.S. population of just over 307 million, each persons share of the debt stands at around $38,200. U.S. Citizen Can You Spare a Dime? Will you do your part by sending $38,000+ to the government so they can pay their bills?  If everyone pays $38,000 we can get out of this mess we got ourselves...

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From Green Shoots to Drought? Making Economic Sense of Investing

Posted by on Aug 3, 2009 in Investing, Stocks, U.S. Dollar | 0 comments

It’s not easy to stick your neck out and call a top when the stock market has some good momentum going for it. But calling the exact top isn’t what’s important. Keeping and growing your wealth is. To do this, you must make sense of the economic data that are causing the green shoots and decipher for yourself whether they will blossom from here or wither and die from a potential...

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Digger’s Friday Triple Play

Posted by on Jul 24, 2009 in Economy, Gold, Government Spending, U.S. Dollar | 0 comments

Organizational Chart of the House Democrats Health Plan You’ve got to see it to believe it! Understanding Austrian Economics “Austrian economists offer more promise than any other for further progress in economic science.” “The “Austrian” economists, more consistently than those of any other school, have criticized nearly all forms of government intervention in...

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California Economics Professor Wants to Drive California Off a Cliff

Posted by on May 18, 2009 in California Budget Crisis, Economy, Government Spending, Recession, Taxes | 1 comment

Peter Navarro, Economics Professor, University of California; Irvine, recently wrote an article in his weekly newsletter entitled “California’s Budgetary Car is About to Drive Off a Cliff” In a nutshell, he is asking the California voter to vote tomorrow to pass the various measures that would increase taxes for its citizens.  To not do so, Peter says, would “raise...

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Is Warren Buffet Right About Inflation?

Posted by on May 11, 2009 in Inflation, Taxes | 2 comments

Warren Buffet agrees with me that higher inflation is in our future. I wrote about this likely outcome in February of 2008.  See what i had to say then and what Buffet had to say recently below.  Then read what I say about Buffet’s incorrect presumptions about the future; 2/28/08 – Doug Eberhardt Which Would You Prefer, Higher Taxes or Higher Inflation? Guess what folks? ...

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