Over the last few weeks, I have had many conversations regarding the economy and politics with people I wouldn’t normally discuss these topics with. The decline of the overall U.S. economy and the political and governmental influence in trying to mitigate and correct the direction of the economy has become dinner table talk for many families and friends across the nation.
From mid 2008, talk of the economy and the election began informing the American people of the serious problems our economy is facing. Truth be told, America has been in a downward spiral for more than a decade, the majority of it caused by the same government that is now telling us that they are trying to correct it.
Where was everyone a year ago? The process and speed of these “Economic Stimulus Packages” and “Housing Stimulus Packages” being implemented is nothing short of scary. Questions we are all asking ourselves are good questions, viable, and need to be answered. But getting here unchecked by the people has been our fault. Read more...
Where do YOU stand on Boeing? (Read the post first!)
Friday, February 20, 2009
Thursday, February 12, 2009
Survival of An Economic Disaster
I have given a lot of thought to, read, watched TV, and have had many conversations regarding the current economic crisis this country is facing. I have got to be honest with all of you, my investing and trading has almost come to a complete stop. Valuing companies using the formulas I used in the past just dosen't work with the stock prices beaten down (permanently I fear), creating new values. In short, my old strategy cannot work in the current market.
I have however been contemplating the United States' current economic and political positions. I am not only afraid of the diretion we are headed, I believe that there are steps we must take as individuals to attempt to protect ourselves to some degree....read more
I have however been contemplating the United States' current economic and political positions. I am not only afraid of the diretion we are headed, I believe that there are steps we must take as individuals to attempt to protect ourselves to some degree....read more
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