Friday, September 19th, 2014
While we talk about democracy and equal rights, we seem increasingly to let both private and government decisions be determined by mob rule. There is nothing democratic about mob rule. It means that some people’s votes are to be overruled by other people’s disruptions, harassments and threats. The latest examples are the mobs in the
Sunday, August 31st, 2014
Timeless advice from Napoleon Hill: The majority of people who fail to accumulate money for their needs are generally easily influenced by the opinions of others. They permit the newspapers and gossiping neighbors to do their thinking...
Sunday, August 3rd, 2014
Some politicians argue that raising the minimum wage helps the poor and disadvantaged. Certainly workers who are earning $8 an hour today would be better off if they were earning $12 tomorrow. The problem is that a...
Wednesday, May 14th, 2014
Known to many as the maker of the sex-enhancing drug Viagra, Pfizer, the world’s largest pharmaceutical company is planning to renounce its U.S. citizenship. Yes, Pfizer has a new love, and after buying British firm, AstraZeneca, it...
Wednesday, March 12th, 2014
A thousand generations of parental caring stands behind a bargain with your mother. A hundred good experiences stand behind your reliance on a friend. And just as surely, the long shadow of the future hangs on your...
Tuesday, February 25th, 2014
Erik Voorhees lost over half a million dollars last week in the collapse of Bitcoin exchange Mt. Gox. Here is his statement: Hello friends, MtGox is gone. So let’s prepare ourselves. On Tuesday, and for the rest...
Monday, February 3rd, 2014
Although I am morally opposed to a bill currently awaiting a vote in the Senate, I’m in the odd position in that I will personally benefit if is passed. In fact, I will be given about $11,000....
Monday, December 30th, 2013
Looks like the New York Times Paul Krugman has some new competition in the economic baboon championship. Last week, Ezra Klein of the Washington Post wrote, “The Federal Reserve Bank’s focus on keeping inflation below 2 percent...
Tuesday, December 24th, 2013
Charles Dickens wrote “A Christmas Carol” in the hope of earning enough money to pay off a debt. Dickens was obsessed with debt. His father had been imprisoned for debt, and Dickens was taken out of school...
Saturday, December 21st, 2013
In the past decade or so I’ve noticed more and more people referring to their discretionary consumer purchases as “investments.” “I decided to invest in a new couch.” “My newest investment is an xbox one.” “I thought...
Wednesday, November 13th, 2013
I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for the Fed’s first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as...
Saturday, November 9th, 2013
This is the world we live in. If we weren’t surrounded by it everyday, if we didn’t take it for granted, we’d be dumbstruck by it’s intricacy and brilliance. This is an ordinary, familiar wooden pencil. You...
Friday, November 8th, 2013
We’ve lost track of all the nutty statements made by Paul Krugman. Besides being a columnist for the New York Times, and a Nobel Prize winner, Krugman is also a fantastic writer. This combination is quite dangerous,...
Wednesday, November 6th, 2013
Every now and then, someone refers to Social Security as an “entitlement” program. This is usually followed by an angry reaction that goes something like this, “I paid into Social Security for 30 years, that’s my money,...
Monday, October 28th, 2013
There’s a video making the rounds on Facebook and YouTube that seems to be making quite an impression on people. Unfortunately, it is so filled with false assumptions that the impression it makes is not only wrong,...
