We have been skeptical of the many claims being made by the media about how a new energy bonanza is going to overtake the U.S. and eventually the world. The subject is the new shale formations in both natural gas and oil. While these oil and gas plays are in some cases extraordinary, and the [...]
What Will Happen Next?
Change is inevitable. Political, social and economic change is often the result of crisis. We examine how our nation and world might change as a result of the crisis
We’ve written about the challenges facing public and private pension plans several times. Matt Taibbi has published a wide ranging and in-depth analysis of the catastrophe waiting for unsuspecting future pensioners. We really enjoy Taibbi’s work. He isn’t afraid to call out the perpetrators no matter who they may be. Consider Goldman Sachs – The [...]
We are believers in the “from the outside in” principle of markets: When trouble starts, it nearly always does so out in the weaker periphery before creeping towards the core. We saw this in the run-up to the 2007 housing bubble collapse as sub-prime mortgages gave way before prime loans. You can see it again [...]
Following the wimpish action by president Obama after his speech to the nation on Syria inquiring minds have been asking “WTF happened?” That’s a good question. The war supporters ran out of money and failed to convince the public that we desperately need WW III. Link if video does not play: Help Kickstart World War [...]
One to the biggest issues that face millions of retiring individuals in the coming years is the grossly underfunded pensions for state workers nationwide. Last June the PEW Center For The States released their annual update on the status of state pension plans – the bottom line is not good. States continue to lose ground [...]