October 5, 2022

Household Net Worth Hits All Time High Yet 59% of Seniors Have Zero Retirement Assets

According to the latest data from the Federal Reserve, most Americans should be feeling wealthier as household net worth soared to an all time high of $74.82 trillion.   This is a huge improvement from levels reached during the height of the financial crisis when household net worth plunged by almost 20% or $12 billion as […]

Does Living At Home At Age 25 Make Me A Loser?

The economic collapse of 2008 that put the world financial system on the precipice of collapse has produced fundamental changes in people’s attitudes, financial habits and living style.  One trend that existed even before the financial crisis and then accelerated since 2008 is the number of young adults living with their parents. The tradition of […]

Confidence In Central Banks Collapsing – The Next Financial Crisis Could Spin Out Of Control

In response to the financial crisis, massive debt burdens and slow economic growth since 2008, the world’s central banks have engaged in unprecedented monetary intervention.  Short term interest rates have been suppressed by  to levels barely above zero and central banks have purchased trillions of dollars of government debt securities to finance governments already staggering […]

Immigration Bill A Costly Solution Without A Problem

Congress is hard at work putting together massively complex and costly legislation to solve the “illegal immigration” problem at the Mexican American border.  As the Immigration Bill Gathers Momentum, it is becoming apparent that the bill will be an incredibly costly effort to solve a problem that no longer exists and America will become the […]

Why Bother Voting When Unelected Bureaucrats With Lifetime Jobs Run The Country?

Nothing is more aggravating, self defeating and humiliating than dealing with government bureaucrats.  This vast army of government bureaucrats has become a fourth unelected branch of government with life time employment and zero accountability, pouring sand into the gears of commerce, free enterprise and human freedoms.  One scandal after another hits the news with the […]

If You’re Feeling Poorer That’s Because You Are – Net Worth Plunges For Average American

In April the Federal Reserve Bank of San Francisco released a report showing that the overall net worth and value of financial assets had completely recovered from the financial collapse of 2008-2009.    Since the low point of the recession in early 2009 the net worth of Americans has increased by a massive $14.7 trillion and […]

Missing Jobs and Miserable Lives

The great financial crash of 2008 resulted in over eight million jobs disappearing in a little over a year.   As orders evaporated and sales plunged, companies quickly slashed labor costs in order to remain profitable. Previous recessions have caused unemployment to soar but the ensuing recoveries always resulted in a strong economic rebound and the […]

10 Colleges With Horrendously Low Graduation Rates

With the cost of college outside the reach of the average middle income family, more and more people are wondering if the cost of financing college is worth the investment.  We have all heard the numerous horror stories about students who graduate from college only to wind up working at low or minimum wage jobs […]