Last week it was announced by the Bureau of Economic Analysis that U.S. real gross domestic product had dropped in the second quarter by .9%. This report, combined with the previous quarter GDP drop of 1.6% began a long debate from economists and political pundits about the definition of the [...]
While the stock and bond markets likely await their next downward legs and we are beset by political ads, I would like to talk about the state of citizenship in these United States. As a student of history, I remind myself regularly that our nation has suffered through presidents even [...]
In our modern world, technology has found ways around many scientific laws, for example Newton’s law of gravity was defied when Orville and Wilbert Wright first took to the air at Kitty Hawk. However, while man has found ways to bend some of these laws, they have not actually broken [...]
Bitcoin has made an absolutely remarkable run over the last decade. It may have gone up higher and faster than any other asset class, ever. It was trading under $5000 at the onset of the 2020 covid lockdowns, before running over $60,000 less than a year later. Today, I’d like [...]
One of the things that was a mitigating factors for our great nation’s founding almost 250 years ago was the level of corruption that had permeated all areas of British life, particularly it’s government. For this reason, most, if not all, of the signers of our Declaration of Independence, supported [...]
If you’re reading this column there is a good chance you’re hoping I have an answer to the question everyone is asking right now. What is going on! I will do my best do provide some context to recent market volatility. In the mid-2000’s, the Federal Reserve Bank (Fed) was [...]
A few years ago, I wrote in this space about whether it made sense to buy US manufactured tools and products even at higher prices than imports. Time has marched on. I now wonder about our future as a viable independent nation. By way of example, let’s examine computers, especially [...]
The stock market has been rocked this past week after Chinese property giant Evergrande announced they were on the brink of a total collapse and were likely to default on over 300 billion in debt. While this announcement has certainly impacted its shareholders and creditors, it is also having serious [...]
In 1979 President Jimmy Carter addressed the nation in what has become known as the Malaise speech. In it, he said, “Our people are losing faith, not only in government itself but in the ability as citizens to serve as the ultimate rulers and shapers of our democracy…. It is [...]
Today I offer a reasoned rant about the high costs of our federal government’s Zero Interest Rate Policy (ZIRP). If you wonder what that policy is, just think about the amount of interest you now receive on your money in the bank and have for more than a decade. Isn’t [...]
