For generations Baby Boomers were told to follow certain rules and, with Social Security, then later Medicare, they were guaranteed a safe, comfortable retirement. Oops! For many it is not happening; did they fail to read the small print, or understand things? Dictionary.com defines guarantee, with some examples: noun “a promise or assurance, especially one in writing, that something is […]
» Read moreThe struggle for world domination is never-ending. Governments, with their armies, fight to control not only their population, but also the rest of the world. The tools and battle strategies may change, but the goal never does. Immediately after finishing our article about digital currency combined with negative interest rates, Chuck Butler wrote “China’s Digital Currency Is Ready For Prime […]
» Read moreIn 2016 the British voted (Brexit) to leave the European Union (EU). Brexit finally happened in January 2021. The EU never negotiated in good faith. Their goal is to punish Britain and discourage other nations from ever considering leaving their fiefdom. Wolf Street ran a two-part series about the progress. “Brexit began in earnest…on January 1, with the entry into […]
» Read moreAs the world awaited the new bailout bill, CNBC reported, “10-year Treasury yield hits highest level in a year”. “The yield on the benchmark 10-year Treasury note climbed to 1.29% at around 4:15 p.m. ET, breaking above the 1.28% level for the first time since February 2020. Meanwhile, the yield on the 30-year Treasury bond rose to 2.08%. …. The […]
» Read moreAs a youngster, every Saturday we would head to the movies for a double feature of cowboy movies; all for the price of a quarter. Sandwiched between the storyline we saw scenes of cowboys rounding up cattle, herding them toward parts unknown. That was before McDonald’s, and we never saw them marching to the slaughterhouse. We are being herded This […]
» Read moreIt was a picture-perfect afternoon in Fort Myers, Florida. Jo, Holly, my son Drew, a couple of his college baseball teammates and I decided to take our brand-new boat for a spin in the Gulf. I passed my Coast Guard course and was full of confidence. We barreled toward the markers at the entrance of the Caloosahatchee River and I […]
» Read moreFriday the 13th, Atlanta Hartsfield Airport. I’ll soon be home for Christmas. It was a long year, 40+ weeks on the road; several two-week international trips. I was exhausted. We finally rolled down the runway, headed home. Suddenly the pilot reversed thrust, slamming on the breaks. I felt my seat belt straining. I heard a couple screams in the back. […]
» Read moreShortly after publishing our article, “What Happens When All Our Wealth Is Gone?” I received a heartfelt letter from subscriber Bill C. He speaks for many concerned, hard-working people: “First, I want to THANK YOU for writing a top notch and informative newsletter. It is one of the few emails that I get that I read immediately upon receipt. …. […]
» Read moreOne of my earliest childhood memories was my grandmother and me bringing home groceries in my wagon. I’ve never forgotten her ranting about rising grocery prices. She seldom raised her voice, but over dinner, she let it out…. “I’ve never been able to carry home $25 worth of groceries. We had to use the wagon – it’s outrageous!” Michael Maharrey […]
» Read moreThe politicos are hawking Modern Monetary Theory (MMT) to finance their reckless spending. Investopedia explains: “Modern Monetary Theory (MMT) is a heterodox macroeconomic framework that says monetarily sovereign countries (that) spend, tax, and borrow in a fiat currency they fully control, are not operationally constrained by revenues when it comes to federal government spending. …. The central idea of MMT […]
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