Monthly Archives: November 2011
In Defense of Government Fraud
For aging baby boomers, and their retirement accounts, the stock market over the past decade has been a severe disappointment. Many will have to work longer, for a retirement lifestyle dramatically compromised from what they were expecting. Some will not … Continue reading
Smiling with Gratitude
The Commerce Department reported Tuesday that the economy grew at an annual rate of 2 percent in the third quarter…a downward revision from the initial 2.5 percent estimate made last month. More importantly, it was reported that after-tax, inflation-adjusted incomes … Continue reading
Go Occupy Yourself
Popular movements have their messiahs. Those eager to standup and champion the codswallop of the day. They have little regard for substance and clear thinking; they’re enamored with the indecency of the moment. Take Che Guevara, for instance. The Argentine … Continue reading
Congressional Super Committee Farce
Shortly after the opening bell on Wednesday, the price of oil topped $100 per barrel…a 26 percent increase in less than two months. What gives? The Associated Press tells us it was the Labor Department’s Wednesday report, that consumer prices … Continue reading