Author Archives: MN Gordon
The Metamorphosis of Jon Corzine
The economy gained 120,000 jobs in November, said the Labor Department last Friday. The jobs number included 140,000 new private sector jobs and a loss of 20,000 public sector jobs. More importantly, the unemployment rate fell to 8.6 percent – … Continue reading
Divided We Stand United We Fall
By the time the Vandals sacked Rome in A.D. 455 the empire of the Caesars had already receded from Western Europe. Over several decades the vast territories of Britannia, Hispania, Gallia, and Italia gave way, piecemeal, to barbarians until imperial … Continue reading
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
