Riding Into The Sunset or a Brick Wall

A month ago, I presented the case for why Fed Chairman Bernanke would have strong motivation to launch another round of quantitative easing (QE) before the election. In short, it would save him his job. Now, I didn’t predict with certainty that he would do so...

The Fed Plays All Its Cards

There never really could be much doubt that the current experiment in competitive global currency debasement would end in anything less than a total war. There was always a chance that one or more of the principal players would snap out of it, change course and save...

An Interview with an Immigrant

The following interview was conducted with an immigrant from the Philippines and her fiance. Their names are not revealed because their situation has not been resolved. The interview reveals some of the difficulties experienced by those seeking to legally immigrate to...

Gold Still Glitters

Just a few weeks ago, Mario Draghi, President of the European Central Bank (ECB), announced that he would do anything required to bailout  the weakest members of the Eurozone and in so doing prevent the euro currency from dissolution. Investors who may have been...

Free Banking vs Banking Panics

In the 19th century America experienced one banking “panic” after another: 1819, 1837, 1857, 1873 and 1893. These recurring “panics” allegedly proved what happens in a completely unregulated banking system, a banking system free from the...

Why the Republicans Are Losing

If the Republicans lose the election, save this article for reference and insight at that time. Mitt Romney and Paul Ryan keep trying to argue that they are the better ones qualified to “save Medicare.” Here’s the problem with this approach. It...

The Nerve That Mitt Romney Struck

Obama supporters claim it’s “shocking” for Mitt Romney to suggest that people would vote for Obama to keep the free loot coming. Why is it shocking? The welfare state of the United States is now a massive entitlement state. No longer can we indulge the fiction that...

Art, Business, and First-Handed Productiveness

I recently heard a panel discussion by some accomplished professional artists about a variety of topics, ranging from the motivation to paint to the creative process to commercial success. It made me think of parallels between art and business and the role of...

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