Chris Markowski
About Chris Markowski
Posts by Chris Markowski:
RETIREMENT RAID
What if foreign entities stop buying our debt? Most of our nation’s debt is in short-term instruments that need to be rolled over on regular basis. We have just witnessed what happened when the nation of Greece had a hard time borrowing to finance their socialist entitlement programs. What would our government do if […]
FRAUD FILES
Quick Reminder Luis Fernandez of Fernandez Financial in Folsom, California has been indicted by a grand jury on charges of money laundering and wire fraud. Fernandez collected money from investors by promising a 3% monthly return on their money. Fernandez told investors that his clients were profitable in both good markets and bad and that […]
3000%!!
The President spoke in front of a massive crowd of 200 people in Strongsville, Ohio where he preached about the super-cool magic of his health care bill… “How many people out here get insurance through their employer? A lot of those folks…your employer, it is estimated would see premiums fall by as much as 3000%. […]
SPEND, BORROW AND PRINT
“We’re not going to save our way out of recession. We’ve got to spend our way out of this recession, and I think most economists know that.” Rep. James Clyburn D-SC (third-ranking house leader) President Obama recently signed the borrowing authority that grants the government to borrow an additional $1.9 trillion raising the debt ceiling […]