economy | Noetic Mechanics

The Housing Market

September 16, 2026 Comments Off

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 […]

Wall Street

September 16, 2026 Comments Off

The federal government bailed out Wall Street with $700 billion on October 2, 2008. Now we have the 2300-page Wall Street Reform bill. It establishes over 400 new agencies that are neither funded yet or […]

Our Debt Situation is Worse Than Greece

September 16, 2026 0

The Greek economy is in free fall. The “austerity measures” there have driven unemployment above 20%, and the future looks bleak. The reason is their national debt-to-GDP ratio is 130%. How does the U.S. compare? […]

Break The Glass and Approve the Bush Tax Cuts

September 16, 2026 0

The default option in Washington right now is for the House to “break the emergency glass with the red fire ax” and pass the Senate’s bill that extends the Bush tax cuts to the middle […]

Stimulus Money Helps the ChiComs More than the U.S.

September 16, 2026 0

The white elephant in the room right now is “stimulus.” The Democrats openly say they want at least $50 billion in stimulus as part of the fiscal cliff agreement. Obama wants unilateral authority to lift […]

Who is this $250,000 Small Businessman?

September 16, 2026 0

I assume the $250,000 means married filing joint returns or married individuals with income of $125,000 filing separate returns. According to factcheck.org this group makes up 2% of all U.S. households. They earn 24% of […]

The Democrats Plan for the Fiscal Cliff

September 16, 2026 0

After four debates and wall to wall campaign rhetoric, it’s pretty clear what the Democrat’s game plan is for resolving our nation’s financial plight. The math is simple enough: Obama passed a $900 billion stimulus […]

Congress Tries to Hammer out a Compromise

September 16, 2026 0

Mr. Obama is back in town (after a long weekend golfing in Hawaii). He’s meeting with senior leaders from Congress today to try and avoid the $600 billion fiscal cliff. This all started four years […]

Ten Lies about the Senate Fiscal Cliff Resolution Bill

September 16, 2026 0

Even the conservative media outlets like Fox News and the Wall Street Journal are desperate to pass the Senate’s $6 trillion tax increase ($600 billion over ten years). There are so many falsehoods in their […]

The Big Budget Plan is Actually a $2 Trillion Stimulus Plan

September 16, 2026 0

The sad truth about the goings on in Washington over the fiscal cliff is that everything everybody has told you is a big lie. Every network, every pundit, every government official – they are all […]