Last month, I followed up on a discussion I began in over a year ago as to why hyperinflation would be a very unlikely scenario in the U.S. In summary, this devastating scenario is a virtual impossib...
Read moreIn the same publication, Stathis warned that the Fannie/Freddie bailout would be only the beginning of many more to come. "The bailout buffet won’t end with Fannie and Freddie. There’......
Read moreYou might recall an article I wrote a few month ago, discussing ridiculous terminology that has been embraced by every sheep on earth; double-dip recession. See here to refresh your memor...
Read moreTwo years ago when Fannie Mae and Freddie Mac were collapsing, former Goldman Sachs CEO and U.S. Treasury Secretary Henry Paulson repeated the promise of “no more bailouts,” so as to calm...
Read moreA few months ago, I discussed the fact that the U.S. really doesn't have a free market economy, as so many claim. Once you spend some time examining the activities of various industries, this bec...
Read moreI want to expand on a short discussion from the economic section of the July newsletter. And I am making it available I want to expand on a short discussion from the economic sec...
Read moreA few weeks ago, I discussed the fact that the media has been fabricating signs of recovery in certain cities across America. Close to half of the cities on the road to recovery (according...
Read moreAfter the threat of a continued sell-off in the global capital markets, leaders of the EU, IMF (and most likely members of the White House) arranged an emergency bailout fund to calm the markets. To...
Read moreAs some readers might recall, without budget solutions from the Governor and Legislature, the California State Controller was forced to issue IOUs to several State payees last July in order to prevent...
Read moreOn Sunday, Dallas celebrated the destruction of a $300 million property; $300 million of taxpayer money down the drain. I'm talking of course about the demolition of Texas Stadium, former home to th...
Read moreBack in the Spring of 2009, the World Bank forecast that the global economy would contract by 1.7% that year; the first global contraction since the Great Depression (yet another clear indicator we ar...
Read moreLast week, Forbes published an article discussing cities across the U.S. "where the recession is ending." Let me begin in a tone that many of you have come to expect. The author was inten...
Read moreOver the next several days I'm going to write a piece on the man I feel was the only qualified presidential candidate in more than four decades, Ross Perot Sr.
Read moreI wanted to remind you not to lose sight of the big picture. It’s advisable to try to make money during an illusion only if you know the reality. Remember, consumer confidence and investor sen...
Read moreI've been working overtime on my soon-to-be-released healthcare book. The problem is that in the editing process, I keep running across new information that I can't help but to add.
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