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Category Archives: Politics & Government
Putting Perspective on the Fiscal Cliff and the Idiots in Congress
A friend of mine sent me the following today. I’ve seen it before on Facebook and a few other places online but it’s worth sharing again. It breaks down this whole fiscal cliff nonsense into laymen’s terms so it’s easier … Continue reading
Improve Your Individual Economy: Take the August Financial Excellence Challenge
Rebuilding the Economy Starts with You. Hey everyone, As I mentioned in this week’s podcast (episode 71), I’m tired of waiting on the government to fix the economy or create jobs. As far as I’m concerned, the Government doesn’t create … Continue reading
070 Financial Excellence: Refusing to Participate in the Recession
Episode 70: Refusing to Participate in the Recession: Dave Ramsey and the Great Recovery; July 26, 2011. Dave Ramsey has initiated what he is calling the Great Recovery. It’s not about promoting Dave or his company. It’s not about promoting … Continue reading
068 Financial Excellence: How to Handle a Drop in Income
Episode 68: What to do when your income drops, July 12, 2011. Today Kevin Suddick joins me again to discuss how to handle a reduction in your monthly income. This can come from loss of overtime hours, a change in … Continue reading
The economic worst may still be yet to come.
I found this video on Lou Scatigna’s blog at www.thefinancialphysician.com. It’s a pretty good explanation of our current economic situation and what’s likely to come. Republicans want to cut spending, Democrats want to increase taxes, and neither is going to … Continue reading
Will the Real Inflation Please Step Forward?
You can’t go anywhere today without thinking about the rising costs of gas and food. It’s tempting to say that the rate of inflation is starting to rise as you feel the pain at the pump and in the checkout … Continue reading
Congressional Debate over Budget Cuts is Irrelevant
There’s a lot of debate going on in Congress about the federal budget and the cuts we need to make in spending. Republicans keep asking for larger cuts, and the Democrats (grudgingly) concede. Sounds like we’re making progress on being … Continue reading
How the Mid-term Election Results will Affect Your Personal Finances
There has been an awful lot of buzz about the results of the mid-term election last week. The people of the nation indicated they were unhappy with the Democratic majority and their actions over the last two years. The result … Continue reading
What a Trillion Dollars (Our National Deficit) Could Buy
I found a great article on Kiplinger’s highlighting the opportunity cost of America’s trillion dollar deficit. Some numbers worth mentioning: a trillion dollars could buy 5.6 million homes. Or it could employ all 2.8 million residents of Kansas (including children) … Continue reading
Congress Spends Like Drunken Sailors so Why Can’t We?
In 2001 when George W. Bush took office, the national debt was $5.7 trillion. In his eight years as President, Congress managed to increase that debt to roughly $9.8 trillion. I say roughly because is depends on the date you … Continue reading
