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The Housing Market

September 16, 2026 Comments Off on The Housing Market
Once upon a time, Congress mandated Fannie Mae and Freddie Mac to promote a subprime brand of loans for low-income Americans. Lots of people took advantage of these nothing-down, zero-interest-for-the-first-year loans. There were 66,000 subprime […]
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The Debt

September 16, 2026 Comments Off on The Debt
Our debt right now is about $16.5 trillion. Projections of the current budget and extrapolations of the administration’s programs bring the debt to $20 trillion in five years. This assumes the GDP remains at 4% […]
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Taxes

September 16, 2026 Comments Off on Taxes
47% of Americans pay no federal taxes, another 25% pay so little it’s insignificant. The national debt is apparently less of a concern to these people. That is not right at all. The nation’s infrastructure […]
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Jobs

September 16, 2026 Comments Off on Jobs
There are 15 unemployed Americans, plus 10 million under-employed, plus 1 million discouraged workers. The unemployment rate is about 10%. 12% of Americans depend on food stamps. Fifty years ago 34% of American jobs were […]
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TaxAgeddon Here We Come

September 16, 2026 0
The total value of the “fiscal cliff” is $600 billion plus another $125 billion in current debts ($60 billion for Sandy aid, $20 billion in current debts each for the U.S. Post Office, the FHA […]
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It’s the Economy Stupid

September 16, 2026 0
The #1 concern of all Americans is the economy. The solution is simple: require all buildings to have an energy efficiency inspection each year, just like the safety inspection you get for the car. Building […]