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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics.
The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, restaurateur, U.S. Navy veteran, heavy equipment operator, taxi cab driver, fishing guide, horse packer and few jobs too embarrassing to mention, writes from experience and plain common sense.
Mike’s humorous systems of “Mikeronomics” and “Mikemathics” drastically simplify the economic and mathematic formulas commonly used by very smart, but terribly sheltered individuals.
(7 comments) SHARE Wednesday, July 9, 2008 A New Record Low; And It's Not the Economy:
We elect those who provide the most pleasant thoughts, promise the most personal gain and ask the least from us in return. And then we wonder how the heck we got in this mess.
SHARE Tuesday, July 8, 2008 "Getting Down to Grilling Beans!"
As we continue to tax our resources in a futile effort to continue our growth oriented society, the imbalance will become untenable. Following is an example of that imbalance.
(10 comments) SHARE Monday, July 7, 2008 Paying the Price of Poor Planning:
How bad can our economy get before it turns around? As the old showman said, "You ain't seen nothin' yet." What we are experiencing is not a simple slowdown, but the mathematical end of an impossible economic model.
(2 comments) SHARE Monday, June 30, 2008 The Long Arm of NAFTA and The WTO:
Maybe you are safe from the effects of NAFTA and the WTO. Perhaps you live in an area where the companies and your jobs aren't effected. That is what the employee's of Chaco Sandals thought; but they were wrong.
SHARE Friday, June 27, 2008 Election Strategy; Promise to Make It Worse:
Fuel is high, food is high, our standard of living is declining and the promises from our presidential candidates and Congress are to make it worse.
SHARE Thursday, June 26, 2008 It's the Growth for Gosh Sakes!
As resources decline and demand and pollution rise; what is the plan from our leaders? More growth of course.
(2 comments) SHARE Friday, June 13, 2008 Coffee Shop Wisdom; What Oil Shortage?
You can learn the darnedest things at the coffee shop, such important subjects as our oil crises are simplified to,what oil shortage?
(4 comments) SHARE Wednesday, June 11, 2008 OIl Windfall Tax or Pandering Tax?
As I watch the partisan arguments over oil that continue to rage in our Congress, it becomes more and more evident that taking sides with the equally wrong thinking on both sides of the aisle is a very dangerous game.
SHARE Tuesday, June 10, 2008 U.S. Economy and The Greedy Chinese:
As the U.S. economy incredulously slips further into recession even after our generous rebates, we have to blame someone other than ourselves. How about the Chinese?
(4 comments) SHARE Monday, June 9, 2008 Oil Skyrockets; Blame the Dems, the Rebulicans Do:
There are Trillions of barrels of oil just waiting to be produced right here in the United States. So what's holding us back from going after it? The Democrats...that is, according to the Republicans.
(12 comments) SHARE Friday, June 6, 2008 U.S. Oil Independence; Not:
So how in the heck did this oil problem sneak up on us so quickly? If you can call 35 years "quickly," it was because the best government that money can buy was asleep at the switch. Read the interesting history and tell me that we "just didn't see it coming."
(6 comments) SHARE Thursday, June 5, 2008 Who's in Charge of Change?
Are you waiting for that sweeping change promised by our latest batch of political contenders? I've got some bad news, they aren't the ones who can change your life, you're the one who can change theirs.
(6 comments) SHARE Tuesday, June 3, 2008 U.S. Economy, Bottom of the Ninth and Way Behind:
The U.S. economy has run its gamut in more ways than I have space to write. Our downward spiral will continue to a permanent state well below current living standards. The good news is that you don't have to participate.
(5 comments) SHARE Monday, June 2, 2008 Oil and Money; No Easy Way Out:
Oil isn't the only thing that is critical to our American way of life, our monetary system is on the same slippery slope.
(33 comments) SHARE Thursday, May 22, 2008 Thinking the Unthinkable; The End of Oil:
The warning that oil would peak came in 1956. The proof that U.S. production had peaked came in 1970. Congress heard irrefutable testimony regarding a certain decline in 1974. Yet in 2008, Congress blames the oil companies!
SHARE Saturday, May 17, 2008 Free Power from Wind; Well, Not Quite:
Is wind and solar power the answer to nearly free energy? Well...not quite. But, the fact that oilman T. Boone Pickens is building the world's largest wind farm, should tell us something!
(3 comments) SHARE Tuesday, May 13, 2008 Endless War and Iraq's Oil:
War in Iraq, America's economy, peak oil, and Iraq's petroleum reserves, add up to some evident truths.
(1 comments) SHARE Monday, May 12, 2008 Black Gold; The End of Oil:
Peak oil isn't just a theory any longer, it's transpiring right before our eyes. What remedies are our leaders suggesting? Use more of course.
(20 comments) SHARE Friday, May 9, 2008 Can This Economy Get Worse? Can and Will:
Americans stand in amazement at the gas pump and grocery checkout saying things such as, "This is ridiculous." There is nothing ridiculous about it except our total disconnect with reality.
(2 comments) SHARE Tuesday, May 6, 2008 Gas Tax Holiday and Other Rubbish:
While millions of Americans lose their jobs and homes, our presidential candidates spend weeks arguing about $30.00.