The FBI’s “Investigation” of Hillary Clinton

by | Aug 10, 2015 | LAW

Clinton is a professional manipulator and deceiver, and many people applaud and admire her for it. Why do so many of us act surprised when she’s accused of criminal wrongdoing, since it’s merely an extension of what her whole career and life have been about?

Academic Fascism in America

by | Aug 10, 2015 | Education, Racism

From the Nazis to the Stalinists, tyrants have always started out supporting free speech, and why is easy to understand. Speech is vital for the realization of their goals of command, control and confiscation. Free speech is a basic tool for indoctrination, propagandizing, proselytization. Once the leftists gain control, as they have at many universities, free speech becomes a liability and must be suppressed.

Yield Purchasing Power: $100M Today Matches $100K in 1979

by | Aug 5, 2015 | Economics, MARKETS, Money & Banking, Price Controls

I wrote a story about poor Clarence who retired in 1979, and even poorer Larry who retired last year. I created these characters to challenge the notion of calculating a real interest rate by subtracting inflation. The idea is that the decline of a currency can be measured by the rate of price increases. This price-centric view leads to the concept of purchasing power—the amount of stuff that a dollar can buy. It’s the flip side of prices. When prices rise, purchasing power falls.