When Is Capital Preservation Not Enough?

Pundit Bill Bonner’s article about our growing government debt grabbed my attention. “…. When it comes to government debt, the borrower never pays; the feds have no money. The lenders – big banks, investment funds, well-heeled insiders – don’t want to pay. Generally, they collude with the feds to make sure the real cost is put on innocent third parties […]

» Read more

Big Brother’s Bank Bailouts Bankrupting Baby Boomers

In 2008, almost overnight, Americans were told the economic system was on the verge of collapse and needed a one-time bailout. Congress quickly passed the Troubled Assets Relief Program (TARP). Interest rates dropped to historic lows. This was to jump-start the economy and interest rates would quickly return to normal. Eight years, and several bailouts later, we still have historically […]

» Read more

The GWOET Strikes Again!

Since the August stock market reversal all eyes have been on the Federal Reserve. What will the Federal Reserve (who are more aptly named the Grand Wizards of Economic Theory, or GWOET for short) do to fix the world? Like Merlin the Magician, what magic trick will they come up with to cure the economy, stock market, labor market and underfunded retirement […]

» Read more