It’s the Spending Stupid!
As congressional leaders and the White House begin to negotiate on the fiscal cliff we are hearing a lot about raising taxes on the...
Markets in the Age of Big Government
The economic data released post-election have not promised an easy return to office for President Obama. Jobless claims numbers (Chart 1) released today showed...
Dr. Copper’s Diagnosis
The red metal is often called Dr. Copper, because it has a Ph.D. in economics. Copper seemingly knows before anyone else that the economy...
Time to Buy Gold?
It’s the question most frequently asked by customers over the last week: Is now a good time to buy gold? My answer is that...
The Illegitimate Tax Mandate
Following last week’s election, the President and his allies in congress are claiming the outcome of the election (and exit polls) indicates a mandate...
Fairy Tales in the Fantasyland of Washington D.C.
Chuck Schumer, the liberal democratic senator from New York is out with some post-election blather on the fiscal cliff. Schumer and his liberal allies...
RIP Economic Freedom
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse...
Annuity Blimp Losing Air
When you get your insurance bill, you may not think insurers struggle to make money, but indeed some do. MetLife Inc. reported a third-quarter...
A Savings Fueled Bump
In the last four months, growth in Americans’ disposable incomes has been nonexistent on an inflation adjusted (real) basis. But Americans’ real personal expenditures...
Government Boosts Economy Just Before Election
Less than two weeks before Americans head to the polls, the BEA has announced a 2% increase in real GDP growth. Of those two...