It turns out the state of Illinois misled municipal bond investors by not disclosing its unfunded pension liability. Here we are in 2013, and the scolding from the SEC is about bond disclosures going back to 2005 and 2009. What’s the rush?
A (B)RAND New Day: Stand with Rand
The old guard of the Republican Party flashed its true colors last week. All it took was a 13-hour filibuster by Sen. Rand Paul to get the neocons on the Wall Street Journal editorial board worked up into a lather. According to the editors, Rand Paul was being childish and theatrical. “He needs to know […]
This Man Can Show You How to Create Wealth
Senator Rand Paul gave the Tea Party’s response to President Obama’s 2013 State of the Union address. While the president puts government in every piece of your business, Dr. Paul wants it out of your business. You can’t have a nation of prosperity built on redistribution of wealth. It’s time for big government to get […]
Who is Rand Paul?
The Heritage Foundation welcomed Sen. Rand Paul (R-KY) last week to speak about foreign policy. This is not your father’s Heritage Foundation. It is now led by the former Senator from SC, Jim DeMint who you may recognize from his work with the Club for Growth and FreedomWorks.
What’s in Your 401(k)?
When I worked at Fidelity Investments, I was on the 401(k) side of their business, serving institutional clients such as Fortune 500 companies and their plan participants. When the stock market moved, whether it dipped or jumped, the phones would light up, and I’d talk with participants about their portfolio. Without fail, when the market […]
“What the Hell am I Doing This For?”
You’re losing your economic freedom at every turn.
States Where Incomes are Growing
The BEA recently released a map of the states’ rates of personal income growth. See where your state stands in the rankings.
Be Your Own Boss
If you want to see how businesses are built, don’t go to the government for help, go to Sharkfest! I did last week as a guest judge for the annual business competition held at Johnson and Wales University, the place where big-time chefs and alumni like Emeril Lagasse learned the basics before the BAM!
What a Bunch of Idiots, Indeed
“Right to Work for Less you mean! Right to Work in Crappy Conditions you mean! Just be happy you have a job, shut up and punch in! I cannot believe sane people would support ‘right to work’ legislation. What a bunch of idiots!” I read the above diatribe in the comments section of an article […]
Investing for the Fiscal Cliff
I had a number of conversations last week with investors not sure what to do about the fiscal cliff. One client told me how she is helping her mother with her estate. Her mother is all stressed out. She doesn’t want to give too much away in taxes and wants to help keep the money […]
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