Helicopter...



Helicopter Ben

Bernanke is a modest income man with many rich opponents and critics. His decisions can take the economy or an industry through the roof.

In 2004, 05, 06 big games of deception in the Housing market  took place and the outcome was terrible.

In 2008, it all came crashing down.  "Wall Street", the Banks, Financial Institutions, and the world money market collapsed. Seven Trillion Dollars evaporated, and that only was the beginning.

Housing collapsed, Financial Institutions sold to banks, and Auto Industry bankrupted.

The Dow 14000 goes down to 6000 by March, 2009, Unemployment is 10.7%, 

The world looked to US Treasury and the Federal Reserve for help.

TARP was created to help the banks, AIG was bailed for 180 Billion Dollars, Auto Industry revamped, and the Feds "Quantitative Easing" Began, three trillion dollars.

"Don't fight the Fed" is the best advise any can give.


TARP all paid back but small amount. AIG's paid with profit of 27 Billion Dollors. Unemployment down to 7.8%, Auto industry is back and the DOW is 13000 by 2012.

The last decision of the Fed is to target unemployment to 6.5% and inflate the economy 2.5%.

So there is someone working on your behalf.

Say Happy Birthday to the man of this decade.....

The Fiscal Cliff.. Kicking the can

The Cliff 0f 2012

We all are concerned about the cliff. Higher taxes on everybody, less investment, slower economic activities and may be a recession.

To solve the problem, politicians are negociating something we don't know what.

Here is a summery of what will happen

• Housing deductions: One Trillion Dollars tax revenue goes to the Banks.
• Social Security: cost $730 Billions, goes to small business and Medicare.
• Medicare: is $770 Billions, goes to hospitals, Doctors, Nursing homes, Insurances
• Business deductions: goes to other businesses and bonuses
• Defence industries: goes to big businesses and then funnelled to small.
• Taxes on the Wealthy: The smallest out of all.

We need 420 Billion dollors down annualy out of all the above. Not hard to do.
We all are going to be ok, Rich, Middle and Poor.

The solution will cover the coming 10 years. Businesses will flourish. Then, the rest is kicking the can down further as new decisions and circumstances develop.

"Take therefore no thought for the morrow: for the morrow shall take thought for the things of itself."   Just a thought.