What Americans Can Learn from the Baltics’ Flat Tax Success
The Cato Institute’s Dan Mitchell offers Americans an outstanding primer on the success the Baltics have had with the flat tax.
I'm a big fan...
A Trump Reality Plan for Federal Workers
Your retirement savings plan, the 401(k) or any other defined contribution plan, is the product of cost cuts. For years now, in the private...
RAGE Gauge for September
The RAGE Gauge for September continues to signal High Risk. The most significant contributor to this month’s reading was the all-time record of handgun...
Millennium Tower Boston
Millennium Tower in Boston is a perfect example of what’s happening in Boston’s luxury condo market. From today’s Boston Globe:
For proof that Boston has...
Bond and Pension Struggle in Puerto Rico
You get an idea how the struggle between bondholders and pensions quickly turns into a political nightmare, as reported in the WSJ:
San Juan, Puerto...
Pension Survival Increases Risks
"The public dispute over accounting standards is a signal to taxpayers, retirees and political reformers that fundamental flaws remain in how pensions measure their...
Low Interest Rates Threaten Insurers and Baby Boomers
Here you get a glimpse at the problems facing insurers and baby boomers thanks to the Fed’s zero percent interest rate policy as reported...
How to Survive the Calm before the Storm
Central banks are running this market. It’s not real. It feels like a ghost town. But what are investors to do? Well, you may...
Pensions Should be Fearful
This has a bad feel to me as Ben Eisen and Aaron Kuriloff report on pensions at the WSJ:
Some pension funds are seeking to...
RIP Roger Enrico
From the WSJ:
Born in the small town of Chisholm to Italian immigrants, Mr. Enrico won a scholarship to Babson College in Massachusetts, studying business...