Sitting at work, I looked up the Japanese Haiku poet BashÅ on Wikipedia and decided to conceive my own poem. Here’s what came out:
In time there is right
The present is but a show
Outwardly dream peace
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Dr. Ron Paul is a very solid candidate for President because he understands that the role of government is limited to the protection of individual life, liberty and the pursuit of property and personal happiness. Redistribution, control, aggressive war, theft and fraud ought not be legitimate government activity. It would be nice if [...]
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From CBS Marketwatch:
The new rules, effective immediately, are for adjustable-rate mortgage products that can cause payment shock. These loans start off with low “teaser” rates that balloon, and end up being more expensive than borrowers initially anticipate.
The new rules call for banks to beef up their disclosures, limit prepayment penalties, limit the use of “stated [...]
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Check out this prescient article by market analyst Peter Schiff.
Mortgage lenders and paper holders need to be ready to accept losses, as do homeowners.
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Bed, Bath and Beyond and other retailers that sell non-essential retail items have begun to feel the pinch caused by a slowdown in the housing sector and a close down of the home mortgage ATM. The linked article provides insight into the company’s operating history and projections and highlights that these companies are still [...]
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A great classical liberal passed away on June 23rd at the age of 85.
Click here to read about Mr. Sennholz and his life.
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It is extraordinarily important to constantly remember the price that is paid during any war. Given the inherent destruction of resources, property, and, by far most importantly, life, that takes place during armed conflict, only the most clearly reasoned wars must be fought. War should always be an absolute last resort.
Our [...]
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Forbes magazine breaks down the myths regarding home ownership and virtue. There is no sense in “owning” a home you simply cannot afford.
Click here to read.
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“We have become ninety-nine percent money mad. The method of living at home modestly and within our income, laying a little by systematically for the proverbial rainy day which is due to come, can almost be listed among the lost arts.â€
~George Washington Carver
Real estate deflation continues to drag down all markets. It is [...]
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Our current monetary system is unethical, immoral and illegal based on the United States Constitution. So how does the system remain in play? The easy answer is that people like you and I fail to vehemently speak out against the troubling system. Those who benefit from it want you to remain in [...]
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