Early Retirement Blog

A whopping 41% of Americans, between the ages of 60 and 69 are paying a mortgage on their home, even though half of them have enough savings to pay off their mortgage.  A common question people, who are about to retire ask is, “Should I retire with a mortgage or pay it off before I [...]

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Is Jim Cramer a secret Keynsian? Could he even be accused of being an anti-war progressive green?   Will I have to re-think my opinion of him being nothing more than a Wall Street shill?   After his July 27, 2009 Mad Money show, under the guise of promoting a “Capitalist Manifesto”, Jim Cramer put [...]

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Appearing on the Rachel Maddow Show, “Liberal” Democratic congressman Barney Frank of Massachusetts, had the chutzpah to pretend to be the defender of the American people, when he assured Rachel Maddow that the Consumer Financial Protection Agency (CFPA) Bill would be passed despite strong financial services industry opposition. He failed to mention that he had [...]

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Take it from someone who predicted the global economic collapse, and the stock market and housing bottoms, the recent stock market rally is not an indication of economic recovery. The economy is not recovering, it has simply stopped crashing, and the stock market rally is nothing more than a return to equilibrium after an over-correction. [...]

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California Governor Schwarznegger told 2,000 state workers to say hasta la vista to their jobs this past week.  In addition to laying off workers, California State and local governments have begun placing thousands of workers on furloughs, giving them unpaid days off in an attempt to balance their budgets. Unemployment in California has reached 11.2%, [...]

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Nobel Prize winning economist Paul Krugman, and many other liberal economists believe the first stimulus was not large enough, and that the U.S. needs a second  stimulus to get the economy going again. President Obama argues that the first stimulus will work, that  the U.S. economy does not need a second stimulus, what it needs  [...]

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Today is Your Financial Independence Day Over two centuries ago, on the 4th of July 1776, Americans declared their independence from the British empire. This 4th of July you can declare your independence from the Wall Street empire. Just as only a small portion of the American population gained true independence on that fateful day [...]

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The Obama Health Care plan is under attack from Republicans, and conservative Democrats, asking “How are we going to pay for this new government program?”   The cost of Obama’s health care plan is approximately $1 trillion over 10 years – or roughly $100 billion per year. Suggesting that taxes may need to be raised, [...]

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