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The Federal Reserve is one of the largest problems facing America today. The one question many people ask is what does a Federal Government Bank have to do with our nation’s problems? For starters it is Federal in name only.

This is a statistical look at the state of the Las Vegas economy in 2012. I focus on what these statistics mean for homeowners in Las Vegas.

It seems unfortunate that bad policy, spending, and lack of fiscal responsibility caused the crisis in Europe and yet, they plan on bailing things out, guaranteeing re-negotiated debt, and then inflating their way out of it. Even if the EU charter gets completely re-written and the ECB becomes a super bank like no other, and gets help from the Federal Reserve, and China follows suit with currency floating to prevent the terrible trade imbalances, if, if, if, and really all that is never going to happen, and let’s not forget the need of the PIIGS to agree to massive austerity…

There is an economic theory that states that you need to have that minimum 2.2% population growth to prevent your economy from becoming stagnant and backpedaling. If you don’t have population growth, then you will have GDP decline, and then you won’t be able to pay for the services needed to run your society and civilization.

During my recent trip to Germany I heard of a new initiative which interested me greatly. It’s called the “Basis Income”, according to which every individual – child, working adult or retiree – receives a guaranteed basic income, sufficient to live on, financed by the state. This is not unemployment insurance or a political handout, but a right. Sound utopian? Let’s examine the idea in order to determine whether it is practical or just a utopian dream.