Government Wrong Again — Americans’ Wealth Still Down 55%

Most Americans saw large portions of their wealth, savings, investments and retirement accounts disappear by the beginning of 2009.  It all started with the collapse of housing market in early 2008.  The housing market took the rest of the nation’s economy with it.  Some individual 401K retirement accounts lost over 60% of their value.  Thousands […]

Cyprus Yet Another Scapegoat For Stock Market Retreat

It blows my mind that people are asking why the S&P 500 hasn’t broken its record. The correct question is why it even gets close. I listen to enough liberal talk show on NPR to become well acquainted with the mythical recovery that always gets hit by some “unpredictable” and extraneous problem that is never […]

Election Results Quickly Takes Toll on Economy and Jobs

Shortly before midnight on Tuesday, we all learned that Barack Obama had won a second term as President.  Like so many elections in the past the news had an immediate effect on the nation. On Wednesday, the Stock Market was so thrilled with facing another four years of Obamanomics that it fell 313 points.  Wall […]

President is Out of Touch with Reality

In the past few weeks, President Obama has repeatedly told the press and the public that the American economy is still strong and that there is no reason for concern or danger of another recession. Yet, that is not the perception of the general public. The Conference Board Consumer Research Center’s recent report said that […]