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July 2013

Recs

10

A Scary Look At Social Security

July 29, 2013 – Comments (4)

The spectacle of the dual failures of Abenomics in Japan and the public employee pensions in Detroit should have you poopin' in ur pants right about now. If not, then, you are not paying enough attention. Many who are expecting a government check to financially ameliorate retirement expenses may not get them. So, pay attention unless you plan to spend your old age living in a cardboard box behind the grocery store.   [more]

Recs

4

Great Retailers – GWW, COST

July 17, 2013 – Comments (1) | RELATED TICKERS: GWW , COST

I have always been skeptical of the canard: invest in “what you know”. It is oft repeated, cuz the Oracle of Omaha and his sidekick Robin has oft said it. Example: just because you are the best donut maker in the entire county, does not qualify you to give investment advice on DNKN vs. KKD.   [more]

Recs

10

QE? Why the FED Failed

July 10, 2013 – Comments (9)

QE has indeed failed us three times over: economic recovery, if we can call it that, is the slowest one of all; unemployment has remained painfully high and stubborn. Helicopter Ben has been running the printing presses 24 x 7, to no avail. OK, that is not exactly how it works: all he does is add a few zeroes to a special cell in a spreadsheet.   [more]

Recs

13

Amnesty – The Issue That Refuses To Die (it will kill our economy)

July 07, 2013 – Comments (2)

With the passage by the Senate for amnesty for illegal immigration, I have read/heard of much nonsense about same. Here, I will take aim squarely at economists, columnists, and business writers who continue to assert that this will be a powerful plus for our economy.   [more]

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