By Administrator Account on 10/14/2008 9:04 AM

I've been paying close attention to what the politicians, bankers, brokers, and lenders are doing with our money. I joke with some of my friends about how they must really like owning a major insurance company and so much stock in financial services companies. Obviously, I'm skeptical as to how our taxpayer investments are going to develop. I suspect that the abovementioned folks will do pretty well. The rest of us will continue to do the best we can with what we have while falling behind.

I figured that a basic economics lesson was in order since so much time is being spent by the corporate media and various pundits on the effects of the bailout/rescue on mortgages, brokers, bankers, and lenders. I certa ... Read More »

By Bill Falzett on 10/14/2008 8:50 AM

An interesting result of all the flash and hoopla about bailout-Mainstreet-Wallstreet is that conservative free-marketeers have decided it's the fault of poor people. Their specious, circular reasoning is that the Community Reinvestment Act (CRA) helped low income people get loans. This led to the banks, mortgage lenders, and various executives making money hand over fist because they got greedy. This led to the markets and politicians also getting greedy. Are you with me so far?

Obviously when people are so tempted and so greedy, they overextend themselves and do stupid stuff. Of course, they would not have done so if we (the people and ... Read More »

By Bill Falzett on 10/14/2008 8:46 AM

I've been paying close attention to what the politicians, bankers, brokers, and lenders are doing with our money. I joke with some of my friends about how they must really like owning a major insurance company and so much stock in financial services companies. Obviously, I'm skeptical as to how our taxpayer investments are going to develop. I suspect that the abovementioned folks will do pretty well. The rest of us will continue to do the best we can with what we have while falling behind.

I figured that a basic economics lesson was in order since so much time is being spent by the corporate media and various pundits on the ... Read More »

Bill's Views!

By Bill Falzett on 10/12/2008 5:21 PM

In addition to community activism and lots of opinions about people and politics, I am a psychotherapist. I decided to share a checklist that I have used for many years that is designed to maximize mood and health. It is a combination of supplements, nutrition and behavioral techniques. I hope you find it useful.

I have listed some suggestions that, according to research, are helpful with mood and thinking. Please remember that these are suggestions and not prescriptions since I am not licensed to prescribe in California. Check these with your physician and/or pharmacist to make sure there are no interactions or contraindications. These suggestions are as up to date as I am aware.

Read More »

By Bill Falzett on 10/2/2008 10:44 AM

Appeal-Democrat headline says: "Herger supports bailout despite district opposition". The Woodland paper quotes Herger: "the plan needs to include better oversight... and fix flaws in an outdated regulation system". Wally wants it both ways. Wally doesn't really stay tuned into his constituents except for those few privileged subsidy recipients.

What ever happened to being a representative of and for the people. These two quotes show how Herger is obedient to and compliant with the Bush-Cheney administration. He has no sense of the integrity required to stay with his constituents. The Bush-Cheney-Herger economics plan has failed miserably. It failed because of relaxed regulation that encouraged corruption and deviation from solid practices that should be open and aboveboard.

This bailout can be solved in ways that benefit pe ... Read More »

Bill's Views!