Financial Common Sense

Here’s a bit from today’s Daily Reckoning that everyone needs to read.  I’ve added emphasis to some parts I think are especially important. For the last 15 years, the U.S. money supply has grown about twice as fast as GDP. Federal government liabilities, meanwhile, have grown three times as fast. As a result, the USA […]

Gotta be a mistake – Bush got it right

Someone must have screwed up, because when Bush made his speech the other night, he actually got part of it right.  In the past 7 years, you can probably count on one hand the number of times that has happened.  It’s probably lower than mere chance would allow! I’ve said it before, but it bears […]