Subscriber Robert G. sent me an eye-opening article, Americans say they need $1.2 million to retire comfortably, survey finds — but many expect to fall short. My grandfather would grin and say, “Things that don’t change, remain the same.” Whenever I chided my elders, “Why didn’t you warn me?” their response was, “We did, and you didn’t listen.” As an […]
» Read moreHas something ever popped into your head at all hours of the day, like a song melody, that you can’t seem to shake? I’m a believer in the value of problem solving by “sleeping on it.” The brain does great work. Many times, I wake up with the “aha moment” I was searching for, the answer magically appears…. Not this […]
» Read moreAs a youngster, I spent summers on my grandparents’ farm. My grandfather, a grizzled WWII sergeant, had little time for nonsense. Television wasn’t invented. After supper the three of us would talk around the kitchen table. Many valuable life lessons are still with me today. One of his favorites was, “If you are going to fix it, do it right […]
» Read moreRecently both houses of Congress introduced worthless resolutions regarding debt and spending. The Senate unanimously approved a resolution calling the debt ‘a threat to the national security of the United States’ and calling expected future budget deficits ‘unsustainable, irresponsible, and dangerous.’ In January, the House of Representatives introduced House Resolution 981, suggesting the “United States should reduce and maintain the […]
» Read moreI’m fed up with politicos predicting economic Armageddon, while continually making things worse! They should be ashamed of themselves…. My wife asked – impotent? Cambridge dictionary explains: Impotent: not having the power or ability to change or improve a situation. Politicians scream the sky is falling, blame their opponents, lie to the voters – yet they have NO DESIRE to […]
» Read moreWhen Nixon abandoned the gold standard in 1971, it removed all government spending restraints. Politicians prefer borrowing over raising taxes to finance their folly! The US Debt clock projects total US debt to top $43 trillion by 2030, with “Unfunded liabilities” (political promises) topping $308 trillion. We’ve been conditioned to expect the dollar will become worthless – eventually. Precious metal […]
» Read moreDuring the Great Depression FDR sold American on his Social Security plan, called FICA. Investopedia explains: “What Is the Federal Insurance Contributions Act (FICA)? The Federal Insurance Contributions Act (FICA), enacted in 1935, mandates that both U.S. wage earners and their employers contribute a portion of earnings to fund Social Security and Medicare. These contributions ensure that individuals receive financial […]
» Read moreWill reducing taxes, raising tariffs and Federal Reserve tweaking interest rates bring lasting prosperity? Unfortunately, the implied good intentions behind Make America Great Again economic plans conflict with the not-so-good intentions of those who could make it happen. Let me explain! ZeroHedge reports Treasury Secretary Scott Bessent was very critical of the Federal Reserve: “Bessent said there is a need […]
» Read morePresident Trump campaigned on “Make America Great Again,” promising more jobs and prosperity. “Theoretically” a healthier economy will generate more tax revenue, solving our economic woes. If revenues grow at a higher rate than expenses, we can reduce the debt. Sounds like Reagan’s “supply side economics 2.0.” Whitehouse.gov proclaims: Wall Street sentiment is surging as the stock market reaches new […]
» Read more“Beauty is in the eye of the beholder” – what one person finds beautiful, another person may not. Beauty is an opinion; we all have one! There’s no universal standard. When it comes to politics, what some deem beautiful is downright ugly in the eyes of others. President Trump proclaimed he wanted “One Big Beautiful Bill” passed by July 4th. Congress […]
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