Friday, September 15th, 2017
Shanghai Oil Contract threatens to overturn U.S. dollar hegemony. After years of planning, China is threatening to launch a crude oil futures contract priced in Yuan later this year. The contract would allow traders in China, and other countries, to bypass the U.S. dollar when purchasing oil. To allay investor concerns over the trustworthiness of
Saturday, September 17th, 2016
Research says that millennials aren’t ready to prepare for retirement yet, as they are too focused on paying previous and ongoing debts such as student loans and credit cards. Millennials are often seen as the “ill-timed generation”...
Tuesday, July 14th, 2015
This is one of the SADDEST stories ever told in Hollywood. His name is Sylvestar Stallone. One of the BIGGEST and Most famous American Movie superstars. Back in the day, Stallone was a struggling actor in every...
Friday, July 10th, 2015
The CNN “analysis” of a possible Greek exit from the Euro goes like this, “If Greece doesn’t get a bailout, all the things it needs to import will become much more expensive, hurting small businesses that rely...
Tuesday, June 30th, 2015
BlackRock Inc. is seeking government clearance to set up an internal program in which mutual funds that get hit with client redemptions could temporarily borrow money from sister funds that are flush with cash. – Bloomberg...
Friday, June 19th, 2015
As the mainstream media begins to come to terms with just what Texas’ decision to repatriate its gold from the Federal Government in its own Gold Depository, the details of Republican State Rep. Giovanni Capriglione’s bill protecting...
Thursday, April 16th, 2015
Unlike many people, I do not have my taxes deducted in advance from my earnings. I’m retired/self-employed so I get to write a big fat check instead. Let me tell you, nothing brings this whole tax thing...
Friday, April 3rd, 2015
Andrew Carnegie rose from humble beginnings as a factory bobbin boy in Scotland, to become the richest man in the world. He would later give away his wealth to benefit society, donating $5 billion in today’s dollars...
Wednesday, March 25th, 2015
The endless low interest, QE, and bond purchasing programs are nothing more than an ongoing scam to bail out banks. To allow them to off-load their lousy investments and buy up the productive corporate economy with cheap...
Saturday, October 18th, 2014
Arguably the most powerful woman in the world, Federal Reserve Chairwoman Janet Yellen, complained of rising income inequality in a recent speech. In an attempt to make the Fed more likeable, Yellen is simply expressing the popular...
Wednesday, October 15th, 2014
Among the suggestions being made for getting the American economy moving up again is a reduction in the capital gains tax. But any such suggestion makes people on the left go ballistic. It is “trickle down” economics,...
Saturday, October 11th, 2014
The International Monetary Fund (IMF) finally realized what should have been obvious years ago: Zero percent borrowing costs has encouraged speculation rather than investment. Now, the IMF warns that ultra-low interest rates pose a new financial crisis...
Saturday, September 27th, 2014
If you ever want to know the purpose of a new piece of legislation, just listen to what politicians say and then assume the opposite is true. Case in point: The Dodd-Frank Bill. Intended to “regulate” the...
Friday, September 26th, 2014
A little while ago, I was invited to participate in a Class Action lawsuit for 13 million dollars. If successful, my share of this loot would only be a small fraction, perhaps a thousand dollars at most....
Thursday, September 25th, 2014
The Forbidden City in Beijing used to be reserved for the emperor of China and his entourage only. In today’s China there is something new that is forbidden, it’s a car, made by an American company, and...
