Summer is coming to a close in Paris, and Hotel Lutetia, the only palace hotel on the left bank of the Seine, is bidding the season adieu. The hotel’s recent email explained: Bidding Adieu to Summer in Paris Paris is at its finest during summer, but so too as summer comes to an end – […]
Archives for August 2023
A Study in the Contortions of Industrial Policy
Last week the Commerce Department made the decision to slap tariffs on solar imports from Southeast Asia. The tariffs will raise the costs of U.S. solar-energy projects that the Biden White House claims to be the vital future of U.S. energy. After a 17-month investigation, reports the WSJ, “Commerce concluded that five Chinese solar manufacturers […]
Your Survival Guy Goes Back to College for Year 2
It was a typical Saturday morning, except Your Survival Guy was heading back to college to drop off my son for year two. What could be so hard about that, I thought. Four hours of assembling a couch and coffee table later, I’m here to say it wasn’t as easy as I thought it would […]
CATO INSTITUTE: Central Bank Digital Currencies Are a Threat to Freedom
Originally posted February 24, 2023. According to a new study by the Cato Institute, central bank digital currencies “would provide COUNTLESS OPPORTUNITIES for the government to control citizens’ financial activity.” The authors, Norbert Michel and Nicholas Anthony, explain how such financial control might occur, writing: FREEZING OR SEIZING ASSETS Governments have long recognized that freezing someone’s financial resources is one […]
DIGITAL DOLLAR DOOMSDAY: The Wall Street Journal Is NOT Going to Tell You This
UPDATE 8.28.23: At Bitcoin Magazine, Josef Tětek describes the frightening possible future posed by adoption of central banks digital currencies. He writes: Imagine this: It’s payday but before the money reaches your account, someone else has already decided what you’ll spend your money on — one third of your paycheck on housing, one third on […]
Your Survival Guy at Fidelity and Your RMD Compliance
Originally posted April 21, 2023. Staying on top of your IRA RMD can be a hassle, especially with the IRS changing the start dates. The new one is age 73. As I wrote back on December 19, 2022, when I worked at Fidelity Investments in the mid-90s, I was at FIRSCO. What the heck is […]
Fortress America vs. Imperial Washington
On his blog, David Stockman’s Contra Corner, David Stockman explains how America had a choice in 1991 between reinstituting its long abandoned “Fortress America” foreign policy, which focused solely on protecting the homeland, or pursuing a strategy he calls “Imperial Washington.” You know which strategy America’s leaders chose at the time and how it has […]
Yes! Money Can Bring You Happiness
Originally posted on April 30, 2020. It was a typical Sunday morning. The kids were up early, shows had been watched, books read to them, and pancakes eaten. Standing up with a cup of coffee, looking out at the backyard full of leaves and sticks, I thought to myself: “I could easily let the morning […]
GOP Debate Stage Dominated by Missing Persons
In NRO, Rich Lowry observes: Missing from the Republicans’ debate stage on Wednesday night was Robert F. Kennedy Jr. Yes, he’s running for the other party’s nomination. But wouldn’t he be at home in the GOP? He’s anti-vax, anti-Ukraine, devoted to all sorts of conspiracy theories. He’s a populist par excellence. He just might out-Ramaswamy […]
Time Is Money: Are You Over 40?
You, my fairly wealthy, highly successful reader, learned a long time ago how to harness a most powerful force: t-i-m-e. You saved ‘til it hurt and put money away with the faith that you might be in a better spot down the road. And now, when you look back on it all, you think, “No […]
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