Looting the Pension Funds

20130924-nattaff-x600-1380050191.jpg

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 […]

Has the Recent Stock Rally Lulled You to Sleep?

Here’s why you SHOULDN’T get too comfortable By Elliott Wave International Bear markets are cunning beasts. Don’t get me wrong — we are not in the bear market territory yet. At least, not officially. An “official” bear market begins when the stocks indexes decline 20%. The DJIA’s decline from the May 2, 2011 high to […]

What If the Unthinkable Happens?–Two Possible Collapse Scenarios

Never before has the federal government’s manipulation of financial markets created greater dangers – and opportunities! The federal government and Federal  Reserve have escalated their “extend and pretend” game to new heights – even though there is evidence as to the economic destructiveness of these policies. Repeated market and monetary manipulations in recent years not […]

Market Crashes: The South Sea Bubble

It’s said that those who ignore history are doomed to repeat it. I believe that examining historical market bubbles and crashes can provide valuable insight into our current economic condition. It is frequently implied, or even outright stated, by today’s powers that be that “this time is different”. Well, I beg to differ. This time […]

Market Crashes: What are Crashes and Bubbles?

Financial crises are not new, they are a recurring feature of human civilization. But many aspects of our era’s crises are unique in all of human history: Never before have we faced the depletion of fossil fuels; Never before have we faced the population pressures of over 6.5 billion humans to feed, house, clothe, transport, […]