Blog
What is so Inherently Wrong with the US Economic - Political Model Towards the Middle East?
Machiavelli once wrote that princes should see to it that they are either respected or feared; what they must avoid at all cost is to be despised. To have made itself despised as irrelevant: That is the legacy of US faithlessness and willful blindness in the Middle East. It is obvious to any idio...
Read MoreCan we separate Economics and Politics?
Some people criticize the injection of politics into economic discussions. But economic historians tell us that economists used to understand and accept that economics is wholly interrelated with politics, and that politics affects our economy. They note that modern economists have artificiall...
Read MoreWhat's wrong with hedge funds today?
For those of you who don’t know; a hedge fund is basically a pooled investment vehicle (like a mutual fund) where there are absolutely no constraints on what the investment portfolio manager can do with the money. Sociologist, author, and financial journalist Alfred W. Jones is credited with th...
Read MoreThe Federal Reserve's True Agenda and how to deal with it
Following up on my blog of July 15, 2010 entitled “Why Reshaping the Federal Reserve is today an Absolute Must” I thought I’d share these thoughts with you, demonstrating the Federal Reserve’s true agenda in the economy today, and why reshaping the Fed is again needed more than ever at thi...
Read MoreWhy Blaming China on our Economic Woes is a Cover up that is Foolish and that will not Stand
There is clearly a tendency today for countries all over the world to “beggar thy neighbor” (just as happened during the 1930s) and gain a leg up for their exports by cheapening their currencies. “Beggar thy neighbor” for those who are not familiar with the term or “beggar-my-neighbor...
Read MoreWhy Reshaping our Tax System is today an Absolute Must
With income tax rates set to go up on January 1, 2011, Congress is hotly debating what to do next. Most economists though agree: Keep them where they are. One option, to let the tax cuts passed during the Bush administration expire for only the richest 3% of taxpayers while renewing them for ever...
Read MoreWhy "Fed Easing" Will Not Get Us Out Of the Financial Mess We Are In Today
A debate is being played out today in the Fed about whether it should return to the so-called "quant easing" -- buying more mortgage-backed securities, Treasury bills, and other bonds -- in order to lower the cost of capital still further. The sad reality is that cheaper money won't work. Individ...
Read MoreFor all the Delusional Brokers Wasting our Time with Bonnie Light Crude Oil Offers
This blog is mainly addressed to the hundreds of Bonnie Light Crude Oil brokers and other intermediaries with no website, no corporate Email, no money, no education and not a single ounce of business protocol who approach us each year with fake offers and then wonder why we slam the phone on their f...
Read MoreMy 2 Cents on Creating "Wealth"
One of the rules of the rich is that if you want to be rich and wealthy you need to either buy or create assets. Assets are things that generate you income without you needing to work for it. If you were to stop work then your assets would continue to put food on the table and pay for your mortga...
Read MoreOn Wall Street's Agenda behind the current Financial Circus and what you can do about it
According to Robert Chapman, renowned editor of the International Forecaster, the recent surge of the Dow from 9,686 only a month ago to a run up to 10,674 just recently; as insiders learned of the Fed’s plan to inject $5 trillion into the economy over the next two years is only an example of the ...
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