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The Impact of the War on the American Economy


Economics, War & Peace · No Comments

The US invaded Iraq on the grounds of weapons of mass destruction, claiming the Saddam Hussein regime was an imminent threat to world security and were sponsoring and supporting terrorism. Of course this turned out to be false, but at least there was the access to Iraqi oil reserves and the significant rebuilding contracts that would go to American contractors, correct? Actually, this didn’t happen either, and the Iraq war fiasco has led to nothing but bloodshed, with no economic advantages arising from invasion.


Where Have All The War Jobs Gone?


Economics, War & Peace · No Comments

The Iraq war has cost us all a great deal. In terms of the taxes, we’ve paid heavily towards invading Iraq needlessly, and we continue to pay towards the ongoing war effort. In terms of the economy, we’ve paid the price thanks to NAFTA and service contract outsourcing. In terms of human lives, we’ve paid [...]


Why Are All The War Jobs Being Outsourced?


Economics, War & Peace · No Comments

After the thoughtless campaign in Iraq, the deaths of over 4,000 brave US troops, and countless Iraqi civilians and militants, there was some hope that the reconstruction effort might attract employment to the US economy. After all, we made the mess, so we should help clean up, right? A reconstruction effort is underway, but very [...]





Bailouts and Bold Action


Economics · No Comments

The Bush administration labels the$15 billion in the Neighborhood Stabilization Act of 2008 (HR 5818)—legislation to help stabilize hundreds of communities swamped by foreclosures across the country—as a bank “bailout.” Advocates of the funding in Congress and around the nation argue that the $15 billion is essential to keep communities from falling into blight, and [...]


Real Estate Investors Suffer Under Barack Obama’s Capital Gains Tax Hikes


Conservative Politics, Economics, Elections · No Comments

This applies to you, my real estate investing friend! And even if you’re not normally interested in politics, it’s urgent (to protect your own financial interests) that you take 60 seconds and read this article, because it will affect you profoundly. “Capital gains taxes” are the taxes that you pay whenever you sell your real [...]





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