Shopping around for a personal loan can take time, especially if you want to find the best interest rate possible. In today’s digital world, borrowers have many more options than they used to. You can either walk into your local bank or apply for a loan or you can compare offers right from your home [...]
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3 Debt Reduction Strategies
The ongoing recession since 2008 is financially hurting many families all over the world. Some are struggling on lower salaries just to pay for basic necessities like food, clothing and shelter. There’s simply not enough money left to cover credit card debt and other lines of credit. But these financial issues need to be addressed, implementing [...]
Ron Paul’s Farewell Address to Congress
Here is a transcript of Ron Paul’s farewell address to Congress, originally sourced from the Campaign for Liberty. Farewell to Congress This may well be the last time I speak on the House Floor. At the end of the year I’ll leave Congress after 23 years in office over a 36 year period. My goals [...]
What is Freegold? Or, Can the Debt Grow Forever?
I recently read a great post over at FOFOA, titled “The Debtors and the Savers 2012“. I’ve been reading a lot of FOFOA lately, and learning more about the “Freegold” thesis. The essence of the thesis, as I understand it, lies in the following chain of events: The U.S. economy is currently running massive deficits, [...]
Midweek Reading: Exorbitant Privilege Edition
I’ve been reading some really interesting posts on FOFOA’s blog, namely Inflation or Hyperinflation? and Peak Exorbitant Privilege. These posts go over the banking system, the role of the US dollar in the world economy, and the gradual withdrawing of political and ancillary support from the USD as the world’s reserve currency. Based on the latest numbers, the [...]
Ron Paul: The One True Hope for Change in 2012
It’s now 2012, and the United States will elect a new president to run the (still) most powerful country in the world. It’s now been nearly four years since the eve of the ongoing global financial troubles, and I am very interested in how this election is going to play out. Americans were promised hope [...]
Canada’s 2012 Budget: Does It Deliver, or is It Full of BS?
Canada’s Economic Action Plan 2012 is out! Did the new budget cut as much as some people feared? Did it cut enough? Are we on a path toward sustainable government and responsible spending levels? Read on and find out more. First, to get an idea of what Canada’s spending is like, let’s review actual spending [...]
Canada’s Housing Market and Interest Rates
Squirrelers recently wrote about the paradox of low interest rates and falling housing prices in the U.S. He notes that due to the fallout from the crash and the stumbling economy, mortgage rates are among the lowest they’ve been for a long time, while house prices are also falling. Canada, however, is a different story. Here, mortgage [...]
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