MAY 2013 In an effort to try to inject some common sense into the financial calamity that we saw was about to take place back in 2008 we offered up our agenda for getting the country back on track. In the column, Santa Claus Is Coming To Town I took some serious shots at […]
APRIL 2013 A recent study released by the Spectrum Group, entitled 2013 Mass Affluent Investor, found that the average American “Main Street” investor remains overly pessimistic in regards to their finances. Their study focuses on what they call the Mass Affluent Investor, which they define as people with a net worth of $100,000 to $1 […]
APRIL 2013 I read it, but I didn’t believe it. President Barrack Obama has decreed April, “National Financial Capability Month.” This administration with all its knowledge and insight, will do things such as teach our nation’s youngsters “how to budget responsibly.” Obama’s Official Proclamation… “I call upon all Americans to observe this month with programs […]
APRIL 2013 “In a state where corruption abounds, laws must be very numerous” Publius Cornelius Tacitus Over the past three decades we have had multitudes of laws and regulations that have moved the nation closer to the world that Tacitus studied and wrote about two thousand years ago. Whether it be the Graham-Leach-Bliley Act that […]
APRIL 2013 Politicians love to stand in front of cameras and microphones, pat themselves on the back and tell us tales of jobs creation and innovation when government and private business work together. The phrase “public-private partnership” gets politicians more excited then a teenage boy at the Victoria’s Secret Fashion Show. The phrase […]
SEPTEMBER 2011 Jobs, Jobs, Jobs The Seventh Quarterly Report on the economic impact of the Obama administrations stimulus package shows what little the Keynesian effort accomplished in stimulating the economy. The White House’s Council of Economic Advisors, whose economists were appointed by President Obama, authored the report. The wizard of smart economists reported that using […]
JANUARY 2013 It ain’t me. It ain’t me. I ain’t no fortunate son. Credence Clearwater Revival Once again, it pays to hire well-connected lobbyists; it pays to be a fortunate son. The big winners in the fiscal cliff deal were those deep-pocketed special interests. $76 billion in tax credits for the likes of General Electric, […]
DECEMBER 2012 Alaska, Arkansas, Connecticut, Delaware, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, Wyoming and Washington D.C. What do these states and district have in common? The number of people receiving food stamps in the United States […]
NOVEMBER 2012 Marcellus Wallace, a character from the film Pulp Fiction, made in my opinion an excellent suggestion in dealing with a sadistic rapist. He said to get “medieval” on him. With most of the Wall Street con artists continuing to do no hard time, I decided to see what justice meant for financial […]
AUGUST 2012 In his 1935 State of the Union message, President Franklin D. Roosevelt proposed social security, unemployment insurance, and aid to dependent children to help the deserving poor, but he added an ominous warning… “The lessons of history, confirmed by evidence immediately before me, show conclusively that continued dependence on relief induces a spiritual […]