Author Archives: MN Gordon
Economic Panacea Unveiled
According to Standard & Poor’s Ratings Service, California’s credit rating is at a “crossroads.” The new fiscal year will begin one week from today and there’s still no budget in place. “If a budget is not adopted in time for … Continue reading
Give Default A Chance
“Jove does not give all men their heart’s desire.” – Homer, The Iliad The Measures Are Killing Us Last week, following several shots of ouzo, the Greeks took to the streets of Athens. There, while attempting to surround Parliament, they … Continue reading
Three Ways to Shelter Your Cash from Inflation
Building wealth ain’t easy. On the one hand you must pay taxes on what you make. On the other hand inflation is continuously gnawing away at what you are able to save. With these two forces working against you why … Continue reading
On Savages and Perpetual Infancy
Last Tuesday Federal Reserve Chairman Ben Bernanke said the economic recovery was “frustratingly slow.” By Wednesday the yield on the 10-Year Treasury Note had dropped below 3 percent. At the same time, stocks, oil, and gold were shellacked in unison. … Continue reading
