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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.
(3 comments) SHARE Saturday, March 29, 2008 I Was Right; In 1982:
Good leaders, bad leaders, or no leaders, until we change the system, it really doesn't matter.
(6 comments) SHARE Thursday, March 27, 2008 Leaders and Liars; One of the Same:
How bad is America's economic outlook? Don't ask our presidential contenders, but Dallas Federal Reserve President Richard Fisher, laid it our nicely during a speech in Waco yesterday.
(4 comments) SHARE Tuesday, March 25, 2008 Our Fed and Your Money; A Bad Combination:
As the Fed lowers interest and prints currency, your money and retirement possibilities are shrinking as you sleep.
(9 comments) SHARE Monday, March 24, 2008 Oh No! Not Plan "B"
And you think things were bad before, wait until you read plan "B"
(2 comments) SHARE Friday, March 21, 2008 Middle America; Going, Going, Gone:
Is Middle America down for the count? It appears that may be the case for thousands who have fallen victim to NAFTA, the WTO and the worst banking system on the planet.
SHARE Thursday, March 20, 2008 Inflation Invasion; Bad Business:
The purposeful process of induced inflation, as a method of spurring economic recovery, has serious consequences to you.
(2 comments) SHARE Monday, March 17, 2008 Inflation Based Recovery; A Dangerous Game:
As the U.S. slips deeper into recession, the Federal Reserve is making a dangerous bet that could mire the economy in a hopeless situation.
(3 comments) SHARE Thursday, March 13, 2008 Campaign Finance; Try My Idea:
The campaigns this year will cost Billions of dollars that could otherwise be spent on something positive. Here is a plan that would actually make money.
(5 comments) SHARE Wednesday, March 12, 2008 Inflation; The Silent Robber:
Inflation robs more Americans of their money than all of the crooks combined.
The government bailouts currently being employed have huge consequences for Middle America.
(9 comments) SHARE Tuesday, March 11, 2008 I Know the Problem: What's The Fix:
While America is focusing on the now unimportant issue of which of the three stooges gets elected; purposely induced inflation is stealing your life.
(13 comments) SHARE Sunday, March 9, 2008 Who Will Be Elected; Better Yet, Who Cares?
If you are waiting for one of the frontrunner's to turn the economy around, you have a very long wait. Unless that is, you are waiting for times to get worse.
SHARE Friday, March 7, 2008 Live and Learn; or Learn To Live:
As Americans continue to face rising costs and diminishing jobs, "living within our means" will take on a whole new meaning. Getting jump start could mean everything.
SHARE Tuesday, March 4, 2008 Eduction; Mathematically Incorrect;
Is the cost of University eduction a sound investment? In many cases, only if you can get someone else to pony up the cash.
SHARE Friday, February 22, 2008 U.S. Auto Industry is in Recession:
Carlos Ghosen, head of Nissan Motor Co. says that whether the U.S. is in recession or not, our auto industry certainly is. This continuing trend in our failing economy has no bottom.
(1 comments) SHARE Wednesday, February 20, 2008 You're in the Army Now: With No Pay!
Is the battle between left and right, liberal and conservative, Democrat and Republican real? Or is like that of Iraq an beneficial to some to see it continued? And, are you an unknowing soldier fighting against yourself?
SHARE Tuesday, February 12, 2008 The Old End Around Play:
The economy is in real trouble, recession has arrived, consumer confidence is hitting all time lows, but don't worry, your government is up nights planning the old end around play. Oh-no, not again!
(16 comments) SHARE Monday, February 11, 2008 Don't Look Back: But Reality is Gaining on Us:
The U.S. is in recession, of that most Americans have no doubt. How to get us out and who can get us out, according to a recent poll, is a little sketchy and a more than a little zany.
(12 comments) SHARE Thursday, February 7, 2008 Treasury and IRS Agree; Pension Freezing is Legal!
Middle America is delivered another blow as the Treasury Department rules that in most cases, pension plans can be frozen for existing workers.