Doing Sh!t with Doug: Freedom

I went on a search for your definition of Freedom…this is what I found: Here is a transcript of the video, if you are interested: I just want to say that you’re all going to die. Every last one of you is going to die. What concerns me is that probably 75% of you who … Read more

Ditech is Wrong…People are Stupid

Our government wastes a lot of time on the soap box about issues that really have nothing to do with solving the problem. They spend very little time solving the real problem. Housing prices are a symptom, not the problem. Executive pay was a symptom, not the problem. Madoff was a symptom, not the problem. … Read more

FED: Finance & Economics Disability or FOMC: First to Originate Make-believe Crisis

The FOMC should have left interest rates alone as the housing bubble started to burst, and let home prices fall back to historic trend-lines. Granted there may have been defaults, but they were necessary. These people didn’t deserve to be in these homes in the first place, they bought overpriced assets with no equity up … Read more

The problem with the current economic solutions

If Einstein were asked to solve the wrong problem, even he would come to the wrong conclusion. It is my opinion that this is what is happening to the powers that be in the U.S. Federal Reserve and Treasury. Yes, there was a housing bubble, which preceded the current economic problems, but it is NOT … Read more