Well folks, it is time to discuss something other than home drainage for a moment. Man cannot live on home drainage alone, a wise scholar once said. I forget who that was at the moment however.
We have heard so much about how the Federal Reserve is the friend of the economy, the citizens, and the banks, right? Well, guess what is happening. (more…)
My thoughts today turn to the real estate market, the federal reserve, and the current reduction in home values around the United States, as well as the world wide crisis of confidence in U.S. commercial paper and the value of our currency. What ever happened to the gold standard, where dollars were backed 100% by gold, and a secret service of fed pundits did not have the ability to just print more money, further reducing the value of our dollar. (more…)
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