baby-boomers

I had to step back from the market the last few days.  Trying to follow it by the minute you sometimes lose the bigger perspective of what really is transpiring.  On Thursday for example, the market was heading for another major loss continuing a multi-day trend and it looked like we were going to test […]

The question that most Americans have on their mind about this historical government intervention is whether this program is ultimately going to work.  In short, no.  In this article I’m going to highlight 10 major reasons why this global intervention is nothing more than stitches on breaking economic flesh from preventing the world from going […]

As I eagerly await the bread and circus theatre to resume tomorrow, has anyone seen any details on the $700 billion plan?  The plan ushered over the weekend by Henry Paulson was an absolute joke and mockery to our economic system.  He back peddled and stated that he wanted to keep it as “simple” as […]

“I’m shocked, shocked to find that gambling is going on in here!” -Captain Renault, Casablanca
Many of our elected officials were “shocked” and astounded to realize that the entire economy has turned into a glorified casino.  Ironically, the quote above comes from Casablanca which translated into English means Whitehouse.  How appropriate given the circumstances.  How the […]

AIG is the next in line for the Federal Reserve food stamp program.  As the Federal Reserve decided to stand steady on rates, the markets did an unusual move.  It actually moved up on a no move when everyone around the world was expecting a cut.  Now, it is obvious why the market dipped by […]

Given the recent positive reading for GDP, some are now doubting that we will even face a recession.  This of course is a misnomer and most average Americans realize that our country finds itself in a very tenuous situation.  It is very easy to brush off the current talk of economic malaise as simply another […]

Many know the story of the Pied Piper of Hamelin. Legend has it, that in 1284 the town of Hamelin Germany was suffering from rat infestation. The townsmen where worried and desperate for any help. In comes a man in colorful garment promising the town that he would lure the rats away. […]