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government spending: Where do Interest Rates have left to go? - 03/26/10 12:06 PM
So what comes next for Interest Rates, and the housing industry?
This is the $64,000 question (actually given today's hyper spending maybe that should be $64 Million Question). The last couple days have seen a significant spike in interest rates, and there are a number of reasons, but they all eventually come back to the overspending by our government. Specific to this week is the health care bill, and with it comes some fairly stark world opinion of the passage of this plan. While the Obama administration, and the Democrat party are selling the American public on the idea that this … (7 comments)

government spending: Government Spending versus Household Spending - 03/15/10 08:18 PM
As a result of the Financial Crisis/Credit Meltdown/Real Estate Bubble etc., the Federal Government has spent approximately 10% of our countries total GDP annually for nearly 2 years now in an effort to "ease the crisis."  So what have we gotten for our investment?
Currently we are told unemployment is not as bad as it could be, and is possibly easing after last month's statistics.  Despite this reassurance, we have admitted unemployment of nearly 10% which does not count an individual who has been out of work more than the 26 week initial unemployment period nor does it count the roughly 150,000 … (13 comments)

government spending: Lies, Damned Lies, and Statistics - 01/22/10 08:07 PM
A friend of mine alerted me to an article that I had missed in the Wall Street Journal last week.  First, let me apologize for missing the opportunity to pass this one on in a more timely manner.  This is the kind of Real News that never makes it to the front page of large circulation newspapers, and never sees any air time on the national, or local news.
Very few economists will ever expose the manipulation of statistics in use by government for calculating important economic news.  However, in his paper Don't Like the Numbers? Change 'Em Michael J Boskin explains … (6 comments)

government spending: Do you know where your Tax $ went? - 10/30/09 03:30 PM
Today the Federal Government is reporting some of the results achieved from the $787 Billion Stimulus package with regard to employment.  Depending on the source you choose to listen to, anywhere from one quarter to one-half of the $787 Billion has been distributed. 
In Puyallup, using my office zip code of 98372, there has been one contract reported with a value of $192,000, and it has resulted in in 0.5 (yes, that is one half) jobs created.  I'm not sure how you calculate half of a job, maybe it is a 20 hour per week job?  For the greater Puyallup area (zip … (2 comments)

 
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Ron Brown FHA & VA Home Loan Specialist

Puyallup, WA

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Pinnacle Mortgage Planning

Address: 33915 1st Way S. , suite 100, Federal Way, WA, 98003

Office Phone: (253) 520-0000

Cell Phone: (253) 520-0000

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The views, and opinions expressed here represent the personal views, and opinions of Ron Brown. They are not necessarily the views of First Mortgage Company, and should not be construed as being so. They are for informative purposes only, and any persons reading them are encouraged to research there current relevance, and timeliness before taking any action.


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