Our Federal Government has revised the employment numbers nearly every month in 2023. The total job new job numbers were reduced by 360,000 in 2023 from the initial reported job numbers.   For example, the US Government initially reported 209,000 new jobs for June 2023. Then later revised down by 104,000 jobs. The real new job numbers were about half of the original job numbers.   Why is this so important. The one consistent bright spot in the economy has been low employment. If unemployment increases that will likely be the last straw before we experience a recession.  &nb ..read more

Truth in Accounting believes truthful accounting is the key for citizens, legislators, and the press to understand the truth about government finances.  Sheila Weinberg Bio Picture.pdf   Truth in Accounting recently released The Financial State of the Union. This is a review of the latest available audited Financial Report of the U.S. Government. Go to yourpersonalbank.com to review.   Sheila Weinberg, Truth in Accounting founder, shares powerful financial information regarding the financial state of the US government, states, cities, and Social Security. Thi ..read more

The compound effects of inflation over the past 3 years is forcing many Americans to make difficult financial decisions.   When the federal government spends more than it receives through tax revenues, it prints the extra dollars. This increases the amount of currency in circulation. Extra dollars chasing products and services increases prices. This is the cause of inflation.   The US government is expected to spend $2.5 trillion more than it will receive in tax revenues in fiscal year 2023. As long as the federal government continues to spend more than it receives, inflation an ..read more

The government changed how it measures the Consumer Price Index (CPI) to make it appear inflation is less severe than it actually is.   If CPI was measured using pre-1983 methods, 2022 is estimated to be 18%. 2023 inflation (CPI) was 9% according to the Bureau of Economic Analysis.    These numbers are supported by a 25% increase in food costs since January 2020, source US Labor Department.    Zillow states the income required to purchase the average home 4 years ago was $59,000. Today, the income required to purchase the average home is $109,000. If you were ..read more

The US has Lost 2 Million Full-Time Jobs in the Past 8 Months and Wage Growth is Slowing   Show Description: Consumer spending has been the lone bright spot in the economy. Consumer spending accounts for about 2/3 of Gross Domestic Product (GDP).    The unprecedented amount of government stimulus has supported consumer spending. The excess money in the system takes time to percolate through the economy. It is running out for many people.   Also, the US has lost 2 million jobs in the past 8 months. If unemployment increases, we will likely experience a recession ..read more

John Burley is one of the most experienced real estate experts, educators, and is a private equity founder in the US. With 35+ years of investing experience and thousands of (personally) completed real estate deals, hundreds of millions of dollars raised, John Burley has the perfect mix of street-savvy knowledge and sound investing principles.    Your Personal Bank can help you enhance real estate investing. You can lower your cost of borrowing. You can also operate similar to a bank and earn positive cash flow on your money.   Contact Ferenc at YourPersonalBank.c ..read more

Laken Riley went on a run around Lake Herrick in Athens, Ga. and never came back. The 22-year-old nursing student died of blunt-force trauma after her innocent jog allegedly crossed paths with Jose Antonio Ibarra, 26, whom police say killed her in a "crime of opportunity."    The Atlanta Journal-Constitution referred to Ibarra as an "Athens man," instead of a violent Venezuelan illegal immigrant. ICE officials confirmed he was arrested twice. Once in Texas and "paroled". His second arrest was in New York City, but sanctuary laws freed him.   Laken Riley ..read more

The Biden administration announced forgiving another $1.2 billion in student debt. This is after the US Supreme Court ruled last year that the president cannot forgive student loan debt.    When referring to student loan forgiveness Biden stated "The Supreme Court blocked it. But that didn't stop me" The executive branch is trampling and ignoring another co-equal branch of government, the US Supreme Court. Every president since George Washington has taken an oath to "protect and defend the Constitution". Biden lied. This is an impeachable offence.    The Biden adm ..read more

Illegal immigrants don't have to pay taxes, but you do. Many illegal immigrants don't have to pay for housing, but you do. Many illegal immigrants don't have to pay for housing, but you do. Many illegal immigrants don't have to pay for food, but you do. Many illegal immigrants don't have to pay for health care, but you do.   How is this fair to US citizens?   Where does the money come from for all the benefits currently being given to illegal immigrants? Your tax dollars.    The government has no money. Governments get money from taxpayers and by printing more mon ..read more

The farmer protests in Europe should become a wake-up call.    The European Union's nature restoration law, was attempting to set legally binding "Green New Deal" style targets to restore at least 20% of the EU's land and sea areas by 2030. Europe is dealing with increasing food prices. Taking agricultural land out of productive use reduces food production.    One of the most basic human needs is food. It hurts people and the economy. It hurts lower income the most. This makes no logical sense.    Farmers are conservationists. They want their land to rem ..read more