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Tag Archives: saving
Destroying the Retirement Dreams of a Generation
Stocks had a rough go of it yesterday. After recouping some of the day’s early losses the DOW ended the day with a 102 point loss. One headline said it was Europe’s fault. Another said it was Wal-Mart bribery in … Continue reading
Posted in Inflation, MN Gordon
Tagged bank of america, federal reserve, government action, interest rate, retirement, saving
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Compulsory Profits Off the Back of Every American
In the fall of 2009, back when the sky was falling, Goldman Sachs’ top man, Lloyd Blankfein, explained to The Times of London that his bank was doing “God’s work.” At the time we weren’t sure what Blankfein was getting … Continue reading
Reckoning Time and Money
It all seems so systematic, arranged, and orderly. Sixty seconds make a minute, 60 minutes make an hour, 24 hours make a day, and one day equals one complete rotation of the planet earth. About every 30 days the moon … Continue reading
Default Now
It is too bad that idiots don’t warn people before they do something really stupid. Perhaps someone of sound mind could intercept them and redirect their misguided intentions. Instead they seem to attract other kindreds…where they thrash about with self-reinforcing … Continue reading
Posted in Government Debt, MN Gordon
Tagged congress, crash, debt ceiling, freedom, GDP, gold, saving
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