My Comments: I'm starting to get a little worried. Florida has about 1350 miles of coastline. Our elected governor, the one I saw described this morning as a ‘very empty suit’, says he doubts there is any global warming going on. I'm far from being a doomsday fanatic, but to doubt there is something negative …
Tag: money management
Dog Days of the U.S. Expansion
My Comments: How is your money growing? Is it growing? Do you care? Are you prepared for pain when it stops growing and shrinks, perhaps dramatically? As a professional in this world, I’ve long since given up worrying about this. All anyone can do is pay attention, or pay someone to pay attention for you. …
Luddites Fear Humanity Will Make Short Work of Finite Wants
My Comments: A conversation yesterday with a good friend resulted from her comment about the absurdity of Obamas’ suggestion that college education should be free for all students. Mindful that some of them will not qualify, and some will not want a college education, I argued that it was a great idea, that many employers …
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Florida and Federal Money for Florida Citizens
My Comments: You may have read about this already. Or some version of it. I’m really not a fan of Rick Scott; I see him as a shill for the hospital industry who got himself elected governor. His ethics, values and focus are not consistent with mine. This was written by a Joan McCarter and …
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Scarce Skills, Not Scarce Jobs
My Comments: To some extent, this is an extension of the post I had last week about the riots in Baltimore. I’m convinced they happened more for economic reasons than for racial reasons. I accept both are present, but instead of focusing on race relations to effect a solution going forward, the emphasis should be …
Where Is the Prudence in Macroprudential Policy?
My Comments: A warning: this post is about economics and what our financial future might look like. If you can’t stomach this stuff anymore, then please don’t read any further. But you better hope that whomever sits in the White House the next go round understands it. A version of this article first appeared in …
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Social Security: Stronger Than Most Realize
My Comments: This article was directed at advisors who provide financial advice to those who are starting to take their Social Security benefits. This includes me, both as an advisor and recipient of benefits. I’ve long maintained that periodic tweaking of the rules, similar to what has happened in the past, will serve to make …
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A Bumper Sticker World
My Comments: A conversation this morning with an attorney friend revealed a world which is far more complicated today than seemed possible just a few short years ago. He remarked that tens of thousands of new laws have entered the books across these United States in the last three decades. It’s impossible to know the …
Death Is Not a Treatment Failure
My Comments: Many years ago a physician friend and fellow golfer told me that when you go to a doctor for a routine physical, it’s his or her job to find something wrong with you. If you don’t want to find that something IS wrong with you, then don’t go. But as the years pass …
Sine of the Times
My Comments: Many of you have read my comments about interest rates lately. (Yesterday!) For many, many months, the Fed has used its powers to keep them low to encourage economic growth. Now that growth is again endemic, sooner rather than later, pressures will exist to cause interest rates to increase. The chart at the …
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