For most of my adult life, 7 decades and counting, Communism was the looming existential threat we lived with. It was embodied by the Soviet Union that we in the west saw as our greatest enemy. And then came Cuba and China and we collectively freaked out. Until recently, I bestowed Capitalism with a crown …
Category: Political Comments
One stunning chart undercuts Trump’s favorite economic scorecard
My Comments: As an observer of both the stock and bond markets over the past 45 years, I can assure anyone that while there is a correlation between market movements and economic health of the nation, it is far from 100%. Couple that with an understanding that over those same years, we have seen huge …
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US would benefit from more, not fewer, immigrants – Michael Bloomberg
My Comments: On one hand, there are already too many candidates in the Democratic Party run for President. On the other hand, Michael Bloomberg has skills I think are missing among some of the other candidates. I’ve long argued that immigrants are necessary for us to maintain an economic advantage on the global stage going …
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Opinion: President Trump’s missed opportunity with Ukraine
My Comments: While I didn’t vote for Donald Trump, once he became President, I wanted him to succeed. If it weren’t so disturbing, it’s become almost comical to watch someone act as though he wanted to fail. I’ve long been hesitant to write political posts. Since I earned my spending money as a financial professional …
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It’s Either Collusion or It’s Not
My comments: For most of my adult life, I’ve attempted to stay far away from the political fray when it comes to expressing my thoughts. As a blogger in recent years, I’ve strayed from that position from time to time. I’ve more or less made my position clear that I lean left of center. Today, …
Record debt and inequality gap? It’s almost like 40 years of Republican tax cuts failed
My Comments: I don’t enjoy paying taxes. Never have. But from day one I’ve known they were a necessary evil. So I paid and rarely complained since I knew life in civilized society calls for answers that only government can satisfy. Over the last several decades, however, and especially of late, tax breaks have gone …
Fiduciary Standards, Retirement, and Politics
The definition of “fiduciary standard” I prefer to use goes like this: to conduct oneself legally, ethically, and morally when giving advice and acting on behalf of others. It means I’ll act in someone’s best interest at all times. It implies the duty of good faith and trust at all times when performing duties on …
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No, undocumented immigrants don’t get Medicare for free
My Comments: The article that follows is part of my response to the current popular political phrase “Medicare For All”. Unfortunately, that’s an overly simplistic phrase that fails to properly reflect the underlying need for a total re-evaluation of our current health care delivery system here in the US. Yes, there’s a growing national discussion …
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America, the Gerontocracy
My Comments: For some reason, I don’t feel threatened by having political leaders much younger than I. I do feel threatened by the passage of time and how it erodes the skill sets of people, me included. Cognitive dissonance is a term I'm perhaps not qualified to use, but I’ve been around enough people in …
The Trump Presidency May Have Just Entered Its ‘Endgame’
My Comments: I’ve practiced as a financial planner and investment advisor for over 43 years. During those years I’ve held myself to what is known in law, medicine, accounting, and other professions as a fiduciary standard. Simply stated, our actions and behavior must be legally, morally, and perhaps ethically, in our client/patients best interest. Period. …
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Helping Define Your Financial Future 