My Comments: Most of you know that I am a center left Democrat. And I want the Republican Party to become relevant in American politics. That’s what going to keep the Democrats from moving too far to the left. Which is where they will go if there isn’t a legitimate, electable force coming from the …
Tag: financial advisor
Coalition Fights Florida Retirement System Changes
By Paula Aven Gladych A bill scheduled for consideration today in the Government Operations Subcommittee of the Florida House of Representatives would weaken a healthy retirement system, raise taxpayer costs and force more Floridians to rely on social services, according to opponents of the measure. The bill would close the Florida Retirement System defined benefit …
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At Last, an Original Thought!
I don’t remember the last time I said something to the effect that “I’d give my right arm to be able to do________________.” What I’m looking for right now is the ability to express an original thought about how I feel about gun control, given the nature of the national debate. Then last night my …
Healthcare is America’s Real Problem
By Peter Orszag Improved value would have more fiscal impact than any policy change, says Peter Orszag Healthcare costs are the core long-term fiscal challenge facing the US – and yet also the best hope for cushioning workers from globalisation. This is why the recent deceleration of these costs is so encouraging – and why …
The Robot-v-Worker Debate on Job Losses/Gains
My Comment: This is sort of a follow up to the blog post yesterday where the topic was how advances in technology tended to kill the opportunity for job increases. It’s clear that there is no definitive answer. Trying to stop the advance of technology is not unlike good king whomever who is remembered for …
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Recession, Tech Kill Middle-class Jobs
My Comments: There is usually a disconnect between how the economy is perceived and how well the investment world is doing. There are three reasons why stock prices increase: earnings, earnings, earnings. If those are doing OK, then the price is going to increase since more people are buying stocks than are selling. Globalization, an …
No US Peace Dividend After Afghanistan
My Comments: There is no getting around the massive drain on our treasury and our military for the two wars we have engaged in over the past 13 years. One can argue their merits or lack thereof but the cost has been in the trillions, the lives impacted in the hundreds of thousands, and one …
Roubini: Five Economic Risks for 2013
My Comments: Nouriel Roubini is one of those intellectual giants in the world of finance that I enjoy following. He's generally an optimist who is right perhaps 50% of the time. I'm more comfortable with that than a pessimist who is always preaching woe and gloom and is right 25% of the time. By Danielle …
2012 Bulwer-Lytton Contest Winners!
Several years ago a college friend who lives in New Jersey but whom I have not seen in 50 years introduced me to Bulwer-Lytton Fiction Contest. Most of us are familiar with the the phrase “It was a dark and stormy night...”. What we aren’t familiar with is the rest of the sentence penned by …
Innovation and Sustainability Are Key to Recovery
While there are still challenges, there are opportunities for recovery My Thoughts About This: The older I get, the shorter my time horizon gets for convincing others of my success as an investment advisor. If I thought I would need the money fifty years from now, there is little question how it should be invested. …
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Helping Define Your Financial Future 