Bailout Nation

A 40-Year Wish List – What An Outrage!

Miscellaneous

I was playing a version of the newlywed game the other night with my wife and some friends when a question was asked of my wife in regards to what career I’d most likely end up in given a choice of only four: a policeman, firefighter, EMT or a politician. I knew right away which […]

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The Bailout of Fannie and Freddie: Redux

Miscellaneous

You may remember the post I published a month ago which was about the government bailout of Fannie Mae and Freddie Mac and what it might mean to us as the American people.  I haven’t made it a habit to revisit old posts often because a large amount of my content is focused more on […]

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5 Reasons We Don’t Need No Stinking Bailout

Miscellaneous

A wise man once said, “with great power comes great responsibility.”  Whether you are into Spider Man or not it’s hard to ignore such a profound statement, especially when the U.S. is facing times of great turmoil and our nations’ leaders are asking for unprecedented levels of power in order to shore up the financial […]

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The End of the World As We Know It: National Bankruptcy!

Debt

If you had to take a close look at the U.S. markets and the financial system and give an estimate on the absolute worst-case scenario for our economy, what would you predict? Martin Hennecke, senior manager of private clients at Tyche, has done just that and he has publicly declared that he believes that the […]

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When Will The Bailouts End?

Miscellaneous

Maybe it’s just me, but these bailouts seem to be happening more and more frequently these days. Six months ago it was Bear Stearns. Just two weeks ago we bailed out Fannie Mae and Freddie Mac. Now, as you’ve undoubtedly heard, the U.S. government has taken it upon itself to bail out American International Group, […]

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What Happened To Free Enterprise?

Miscellaneous

Free Enterprise: an economic system in which private business operates in competition and largely free of state control. What happened to the days when Free Enterprise reigned supreme and it was bad news when a government stepped in to take control?  Our nation is quickly becoming a “bailout nation.”  While many will argue that it […]

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