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Social Security in the Red

Oct 05, 2009
At some point, the people have to choose. Do you want to reform Social Security or do you want to be taxed to death to support an inefficient and potentially insolvent government program? It’s not really much of a decision.
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Cloudy With a Chance of Depression
Sep 29, 2009

A lot of people are uncertain about the U.S. economy. In many cases, it seems to be a walking contradiction.

The stock market is up over 50 percent, yet our portfolios seem to be down.

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Obama & Co. Have Lost Touch with Reality
Sep 25, 2009
When is this nightmare going to be over? It started under George W. Bush and Hank Paulson with the original bailouts. Now it has continued under the reign of Barack Obama and Timothy Geithner who have taken bailouts to a new level, spending trillions of taxpayer dollars. Yet the end is nowhere in sight.
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Mangru: One World Regulation Coming Soon
Sep 23, 2009
National identity. It’s part of the very fabric that holds the United States together. We are individuals, we are capitalists, but above all else, we are Americans. We make our own laws. We decide our own future. No one can tell us what to do. But that is now under attack.
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Double-Dip Recession Could Be Best for America
Sep 21, 2009
It sounds like a terrible thing to say. At first glance, a recession of any kind, especially a double-whammy recession, doesn’t seem like the best thing for America. America needs jobs, entrepreneurship, and recovery. The last thing we need is another recession. But if history serves us correctly, it could be the best thing to ever happen to the United States.
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The $500 Billion Healthcare Mystery
Sep 16, 2009
Today was the day. The big bill is now on the table. That is, the new $856 billion healthcare bill proposed by Senator Max Baucus. I know what you must be thinking. We all thought the healthcare bill was going to be a cool $1 trillion, so we’ve already saved $144 billion right off the top. But let’s dig a little deeper.
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Obama To Indoctrinate Children – No You Can’t
Sep 04, 2009
I’ve seen some pretty sneaky things in my life. I’ve dealt with Wall Street and Washington D.C. for a living, so it goes with the territory. But this one sinks us to a new low.
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Banks Not As Good As Advertised
Sep 02, 2009
Four months ago I warned that banks were creating paper profits and that their actual cash profits were in fact cash losses. For instance, Citigroup used creative accounting and reporting techniques to turn a billion dollar loss into a billion dollar profit. Well, low and behold we are now seeing banks starting to fold like bad poker players.
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Watch Out for Unemployment, the Silent Killer
Aug 31, 2009
It’s the silent killer. No, it’s not tobacco; it’s not AIDS; it’s not even cancer. This silent killer is less scary than those mentioned above, but may be even deadlier. It’s unemployment.
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New York Used its Smarts in Junking Cash for Clunkers
Aug 26, 2009
Thank you. That’s all I have to say to New York. Amidst all of the government handouts that are going around, all of this free money, free candy if you will, someone had the guts to say enough is enough.
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And They Said Bush Had No Exit Strategy
Aug 25, 2009
The exit strategy. It’s all the media could talk about for the last five years of the Bush administration. What’s the exit strategy? These days, you won’t see a single media outlet even mention it.
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Geithner, Obama Only Lost a Third of Your Money This Time
Aug 20, 2009
We should all be standing up and cheering. In fact, we should throw a party, maybe one funded by stimulus dollars. I hear there are a lot of those still lying around. Treasury Secretary Timothy Geithner and his boss President Barack Obama are getting better all the time. They only lost 32 percent of your money this time.
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