The reports are in, and home prices continued to slide lower in 2011.  While the dollar amounts vary based on your location, as of September 2011 median home prices have fallen in San Diego to $249,000 from their peak of $484,000 in early 2007.[1] That’s a total drop of 48.5% or $235,000 per home. Most [...]

You smashed your new car into a telephone pole and realized you forgot to buy collision insurance. No matter, the government just made it illegal to deny insurance coverage or charge higher rates to anyone regardless of a vehicle’s condition. A simple phone call to your insurance agent and that $3,000 repair bill is taken [...]

Did you know the U.S. is in a race? We are now racing France to increase taxes on jobs producers. France is also in the Presidential election process this year and there is a striking difference between the French Presidential Candidates regarding the taxation of the “rich.” Sound familiar? Will this tactic really work or [...]

While we were bombarded daily with the exploits of Occupy Wall Street, I was reminded of a story I heard recently. The story went something like this: A young woman went to college and became convinced that her father should give away most of his hard-earned money to people who had much less. Her father [...]

Our national debt has now climbed to its highest level since World War II spending; however it was an economic boom that brought us out of the Great Depression.  Compare this to our situation now; we have the high spending, high debts, with no economic boom in sight.[1]  What is causing our national debt to [...]

While the unemployed American workers continue to look for a beacon of hope in this abysmal economy, another Solyndra like corporation, Beacon Power Corporation, has filed for bankruptcy. Both of these companies have received taxpayer money in the form of federal loans, $535 million by Solyndra and $43 million by Beacon Power.[1]  Not only are [...]

When I was a high school senior I was blessed to have an economics teacher that made us read The Wealth of Nations by Adam Smith.  The book is set in the 1700’s and through reading it I learned the basics of the free market, capitalism, and the concept that self-interest drove the rancher to [...]

Today’s news is filled with stories about groups of people around the country talking about themselves as the 99%, and expressing their feelings about the 1% who “control” the economy and the capital.  I asked, “Which am I?  Am I really one of the 99%, and are the people Occupying Streets representative of me?”  My [...]