Obfuscation is an art form in which the Federal Reserve Board excels. It follows a few simple rules: Never use a word or phrase that is simple and widely understood…
The Economy Is Booming – For the Repo Man
“Credit is a sacred trust, it’s what our free society is founded on. Do you think they give a damn about their bills in Russia?” …
Baby Boomer Bust
Each day, another 8,000 baby boomers turn 65. The U.S. Census Bureau says there are more than 77 million baby boomers, defined as those born between 1946 and 1964. By…
It’s a Mad, Mad, Mad, Mad World
Isn’t summer supposed to be the time when life slows down and the world takes a vacation? That may be the case for some of us, but the despots of…
Bad News – The Economy May be Recovering
“This is what it sounds like when doves cry.” …