Here We Go Again – Obama & Democrats Push For Increase In The Worst Of Risky Mortgages

I can hardly believe it when I read it. As we all know the were two things that created our current economic turmoil, reckless government spending that we couldn’t afford and reckless lending in the mortgage market.  The bad mortgages were then packaged and sold as investment securities destroying 401′s and bank accounts all over [...]

I Guess The Economy Is Just Peachy Now – The Sixth Month In A Row That The Recession Has Ended

U.S. jobless rate seen highest since 1983 WASHINGTON (Reuters) – The U.S. economy likely shed a further 355,000 jobs in June and the unemployment rate hit a 26-year high, but for a nation mired in its deepest recession since at least World War Two that may be good news. http://news.yahoo.com/s/nm/20090702/bs_nm/us_usa_economy_payrolls_1 However, ADP has reported, “Private [...]

Honduran Democracy Threatened By Obama In Obama’s Bid To Support Hugo Chavez & Fidel Castro

New Honduran President, Roberto Micheletti, vows  impeached President Zelaya won’t return. TEGUCIGALPA, Honduras – Honduras’ interim President,  Roberto Micheletti, warned that the only way his predecessor will return to office is through a foreign invasion, setting up a dramatic showdown with the ousted or impeached president who is preparing to come home accompanied by world leaders. The Honduran Congress [...]