My Comments: Amid all the rhetoric, name calling and just plain stupidity circulating among the political blogasphere, here was something from Forbes in May of 2012, a lifetime ago in some circles. Forbes is not known for its liberal point of view. But here it was anyway. And all of this before the sequestration happened, …
Category: Economy & Markets
Washington Needs to Prove the Political System Still Works
My Comments: Readers of this blog know that from time to time, I express an opinion about politics or economics. I’m still coming to terms with the efforts by folks I consider nuts to shut down the government and risk a default. Having lived in various places around the world, and been exposed to international …
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U.S. and Iranian Realities
My Comments: I think the name Suicide Caucus, given to the far right by some on the near right is on the mark. There seems to be a mental pathology presenting itself with some of these people. Fortunately, the world continues to turn and the world is again watching us carefully. This article, from George …
The Most Likely Debt Ceiling Outcome
My Comments: I have no clue how this is all going to play out. My background in economics and finance tells me that no solution, for an extended period of time, will have bad consequences. But sooner or later, those in charge (?) will arrive at something that will make this go away, at least …
Not Planning to Buy Health Insurance? Here’s What’s Going to Happen to You
My Comments: This is good information and it doesn’t take long to get through it. While the enabling lagislation has flaws that need to be addressed, the fundamental goal is to get all of us paying something into an insurance system. The ultimate effect will be to reduce the cost to those of us who …
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Gold Is The “Dumbest Commodity” In History
My Comments: Has anyone told Glenn Beck about this yet? Not sure I want to hear his response. However, if you want to have gold as part of your portfolio, we have it available through a program called Managed Alternative Assets. Good stuff. September 23, 2013 • Evan Simonoff Anyone who tells you gold is …
There is no one left to enforce the global rules
My Comments: And you thought I was being negative last week?!? Well, not a lot right now to encourage a positive outlook on things. Yes, my clients are making money, thank you. And yes, my case of the flu has receded, the daily deluge has stopped (maybe), and the mornings are cooler. WOW! But the …
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The Gilded Age and Income Inequality
My Comments: My recent episode with the flu and lack of sleep is now behind me. I hope. So I’m back to ranting about stuff that, in my ‘gilded’ years, resonates with me. Having been driven most of my life to improve my lot and that of my family, I find it disturbing for the …
The Armageddon Caucus
My Thoughts About This: For me, the jar is almost always half full, and not half empty. But I think I’m getting over a slight case of the flu and my sleep patterns over the past few weeks have been anything but normal. So I’m perhaps more grumpy than normal. Sorry. Like it or not, …
Bits and Pieces – September 6, 2013
NEXT MOVE FOR FED - No one knows when the Federal Reserve will begin tapering its bond-buying stimulus program. That apparently includes the 12 voting members of its policymaking committee, as revealed by the release of the Fed's 30-31 July meeting minutes. A few officials seek to move soon, while the more cautious are inclined …
Helping Define Your Financial Future 