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Budget Deficits continue to set records.

It is hard to believe the current Obama administration’s plans to reduce the budget deficit in the next 10 years when it continues to spend more than we receive.  To make it clear, our federal government is spending more than the tax revenues it receives and that is what causes our federal budget deficits.

Obama Well, [...]

Strikeforce video in Miami 01.30.2010

I am not sure why, but I have lost interest in the recent UFC fights.  However, the FREE Showtime Strikeforce shows seem to be entertaining  (not only because they are free, but that does help).  This next card at the end of the month has names that I recognize.  Some newcomers on the main card [...]

Option ARM Implosion Hits Housing

Many housing bubble bloggers have been talking about the tsunami of foreclosures on the horizon.  It seems like that horizon line is now here.  The way we measure it is buy the level of delinquencies rising and the types of loans that are delinquent.
CNBC:
“It’s going to kill off housing,” warns Patrick Pulatie, CEO of Loan [...]