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Category Archives: Politics
ObamaCare
For an in-depth analysis of ObamaCare from a financial perspective, John Mauldin, one of the most respected financial analyst in the world, gives us a breakdown of what it means.
Econ Update: August 2010
US Bonds continue to receive an enormous amount of money. Why? Because of the increasing fear of a global economic slowdown. This is not to say they don’t already recognize that things are tough, rather it means they don’t see it getting better for a long time.
The financial markets can’t figure out the Fed. The Feds don’t agree on a direction. Existing home sales were 27% lower than last month.
It appears the meddling from Washington academics has produced unintended consequences. This is not news to us. The problem lies in the fact that they think they are the solution.
Posted in Family, Fiscal Literacy, Politics, Retirement
Tagged Economy, Feds, Recession, Spending Plan
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Financial Reform – or is it?
They say the only constant is change… and more change is coming! Last month, the sweeping Financial Regulation Bill was signed into law and promises to bring a wave of new changes to the financial system. But the question is: what does this change mean to you? Here’s what you need to know.
Generally speaking, the law calls for a new consumer protection agency and prohibits banks from taking risky bets. While those things are important, it’s also important to realize that this legislation… over 2,000 pages worth… amazingly does nothing to address the core reasons for the financial collapse.
Obama-care: Security vs. Freedom
The intrigue of politics today can no longer be discussed in terms of Republican vs. Democrat or conservative vs. liberal. The centralization of government powers started long before President Obama was elected. On the one hand U.S. citizens want the government to protect and defend them while on the other hand many citizens want the government to take care of them.
From a world history standpoint, there are few examples in the last 200 years of a greater economic success than the United States of America. Along with the economic prosperity and the freedom our constitution provides are the detriments of success and freedom.
Posted in Politics
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