Away With Jerry Cans! Oil Bubble is Bursting!

My Comment: I don’t enjoy paying $4.00 for a gallon of gas for my car. While I know it’s cheap compared to the price others pay around the world, I simply don’t like it. But I have to get from here to there, just like everyone else, so I grumble and moan (my wife says …

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SSI Is Not Social Security

My Comment: There is increased attention being paid to the myths and truths about Social Security these days, in part because the media and politicians delight in creating confusion, and in part because the baby boomers are now reaching full retirement age and asking real questions. Just last evening, at the meeting of the Gainesville …

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Obama sings the blues but it is Republicans who feel down

My Comment: I seem to have settled into somewhat of a routine about these blog posts. I have no idea if very many people actually read them; I know a few of you do since you're kind enough to make a comment from time to time. There is no shortage of ideas out there that …

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The Cost of Living Longer — Much Longer

A 78-year-old woman walks into an agent's office to buy life insurance. "Have you ever had cancer?" asks the agent. "Oh, yes, dear," says the woman. "Breast cancer." "Do you have a family history of heart disease?" "Oh, yes, dear," the woman says, nodding. "My father died of a massive heart attack in his 60s." …

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The Mirage of Obama’s Defence Cuts

My Comment: I have to tell you there is not much information worth talking about in the world of money these days. We're just drifting along, trying to catch out collective breath, as the events in the political world play out. Yes, my accountant friends are digging in to get as many tax returns done …

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Americans: Why We’re Addicted to Spending

My Comment: For some reason I vividly recall the few days in 2008 when the market decided to crash. It wasn’t quite the same as it was in October 1987 when there was a one-day disaster, but over the course of a week, everything came unglued. From that day on until today, I’ve had a …

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Breaking Down the Income Gap Into Real Terms

My Comment: For several years I’ve warned my children that if the gap between the “haves” and the “have nots” becomes too great, their generation and the next will likely face social chaos in this country. This idea is starting to resonate as articles like the next appear in print, and one sees and hears …

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What ‘Job Creators’ Really Want

There's been a lot of conversation in the media for the past 18 plus months about "job creation". If you are on the right politically, then you simply blame President Obama, never mind that the presidency is not the source of jobs. If you are on the left, then you blame anyone and everyone on …

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The New Rules: Worried by China’s Rise? Watch Out for its Decline

By Thomas P. M. Barnett (Readers of this blog know my affinity for the writings of this man. For me, he has an ability to synthesize complex global ideas in a way that makes so much sense, I have to wonder why its not obvious to everyone. If you listen to the political pundits, never …

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