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Monthly Archives: October 2013
Property Confiscation Is Coming
Outright property confiscation by governments is something that’s ardently disparaged here at the Economic Prism. There’s no justification we can rationalize for state sponsored theft. This includes penalizing those who are young and healthy with a disproportionate burden of a … Continue reading
Posted in Government Debt, MN Gordon
Tagged collapse, currency, debt, default, freedom, government meddling, international monetary fund, taxes
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Economic Frankenstein
According to the Department of Labor, 148,000 jobs were created in September. The experts thought the number of new jobs would be closer to 180,000. Still, the unemployment rate dropped a tenth of a percent to 7.2 percent. No doubt, … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, debt, frankenstein, janet yellen, jobs, labor department, monetizing debt
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How to Enjoy the Magic of Rising Stock Prices
Let’s begin with the understanding that something delightful is taking place in the stock market. The S&P 500’s up 22.33 percent year to date. What’s more, the S&P 500 just hit a new nominal high of 1,745. Can you believe … Continue reading
Posted in MN Gordon, Stock Market
Tagged 401K, bull market, earnings, interest rate, S&P500
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Ten Things to Expect from Obamacare in 2014
Ten Things to Expect from Obamacare in 2014 By Elizabeth Lee Vliet, M.D. It’s been clear to anyone paying attention that the October “rollout” of Obamacare has been a turbulent, confusing disaster. Sloppy IT systems and technological failures combined to … Continue reading
Posted in Elizabeth Lee Vliet, M.D., Politics
Tagged affordable care act, healthcare, medicaid, medicare, obamacare, taxes
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