I’m writing this on my 83rd birthday. My life has changed since my 2019 cancer diagnosis. In a nutshell, cancer appears in my body, the doctors zap it, I’m good to go, another spot pops up and we do it again. Each time it reappears, it’s a reminder I’m one step closer to judgment day. Without cancer, the same would […]
» Read moreMy early youth was spent in the inner city of Chicago, a sorry place today. Little boys, talking dirty, thought they were macho, but you’d get your mouth washed out with soap if you uttered those words around girls or your parents. Times have changed. Rolls off the tongue defines the old saying, Money Talks, while Bullshit Walks: “Sample Sentence: If […]
» Read moreMy invitations to be the commencement speaker from the prestigious academic shrines must have been lost in cyberspace; so, I will share my thoughts for the graduates from my personal podium. Congratulations to the class of 2023. Today is the day to celebrate your academic success, leave your educational cocoon, grow your wings and move toward adulthood. Commencement addresses are […]
» Read moreChairman and CEO of JPMorgan Chase, Jamie Dimon wrote shareholders about banking turmoil, “As I write this letter, the current crisis is not yet over, and even when it is behind us, there will be repercussions from it for years to come.” IGI Global defines a banking crisis: 1. Banking crisis reflects the crisis of liquidity and insolvency of one […]
» Read moreI asked my 18-year-old grandson Braidyn about college. He was visibly frustrated; “Grandpa, I don’t know what I want to do, or where I want to go.” He’s college material, National Honor Society, excellent people skills, and a great work ethic. He’s an accomplished welder, with an excellent-paying job waiting for him upon graduation – should he want it. Part […]
» Read moreThe Fed leaped into action when the Silicon Valley Bank (SVB) failed, and Congress quickly agreed they were derelict in their duties. No one asked why the Fed doesn’t act to keep us safe? The Fed’s website tells us: “What is the purpose of the Federal Reserve System? The Federal Reserve System,…’the Fed,’ is the central bank of the United […]
» Read moreShortly after the Fed bailed out the Silicon Valley bank depositors, Reuters reported that Credit Suisse failed: “ZURICH, March 20 (Reuters) – Credit Suisse and UBS could benefit from more than 260 billion Swiss francs ($280 billion) in state and central bank support, a third of the country’s gross domestic product, as part of their merger to buffer Switzerland against […]
» Read moreJames Rickards’ article, The Accelerating Countdown to Armageddon tells us: “Those who focus on the U.S. national debt (and I’m one of them) keep wondering how long this debt levitation act can go on. We’re accumulating debt at a substantially greater rate than we’re growing the economy. Basically, the United States is going broke! …. When is the debt-to-GDP ratio […]
» Read moreA friend mentioned some of the Arizona casinos are now offering live craps. I told her I’d taken craps lessons, and love the game. She began probing, “What is the biggest lesson you learned?” My answer – “When to quit.” The lessons were not only when to take profits, but also when to walk away and cut your losses. I […]
» Read moreWhile Fed Chairman Jerome Powell appears determined to bring inflation down to their 2% target, inflation is far from under control. Pundits predict Powell will continue raising rates until something breaks. Recently Silicon Valley Bank (SVB), (and others) bellied up and depositors were bailed out by the FDIC. What has to break for the Fed to declare victory over inflation? […]
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