Month: April 2014

Bogus Budget

04/03/2014

The proposed budget released by the White House shows the deficit declining to 1.9% of GDP in 2018 and a microscopic 1.6% of GDP by 2024. Don’t believe it. The budget fails to tackle entitlement reform, the Republicans will never…

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Hammers swing for Twin Cities home builders as housing market recovers

04/02/2014

Read this article by Annie Baxter featuring Elliot Eisenburg posted on MPR News. Hammers swing for Twin Cities home builders as housing market recovers

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Borrowing Beijing

04/02/2014

With growth in China slowing substantially and Chinese leaders still slavishly forecasting 7.5% GDP growth, expect Beijing to step in and support the economy with aggressive fiscal stimulus. The problem, increased reliance on debt and infrastructure spending along with the…

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Quick Cash

04/01/2014

In another nod to technological innovation, several of the largest US banks will soon allow their large depositors to print money directly on their home printers. While the Fed has remained mum on the subject, the U.S. Secret Service, the…

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