I took this picture at the beach. At first glance, it is hard to tell if it is a sunrise or a sunset. For the record, it was a sunrise – the dawn of a new...
As we approach 2017, the euro appears far worse than anyone could imagine. The biggest hypocrite is actually Mario Draghi who is outrageously managing the...
To make it clear, India is not going door to door to confiscate gold any more than FDR did. The reason so many $20 gold coins have survived is because there was no...
The US government says it ran a $US587 billion budget deficit for the fiscal year, which was a 34% increase over last year. Deficits have simply become a standard...
Greek Prime Minister Alexis has come out today and bluntly warned that failure to agree on a debt restructuring for Greece would push it into a perpetual spiral...
In Dresden, Germany, right-wing activists are retaliating against the Muslim refugees. They are said to be behind two huge terror bombs at a mosque. This is the...
Canada has a different legal structure compared to the United States. Canada is one of the most decentralized countries in the world where provinces are actually...
QUESTION: Why are there so many Fed branches? It seems this is another way for government just to create jobs and pensions. ANSWER:I wrote several times that...
The pension crisis is going to be the HUGE issue in 2017. Obama is supporting about a 20% reduction in military retirement benefits. This is how such things are...
There is a problem that Illinois faces. There is no actual right for a state to go bankrupt. That does not mean that no state has simply defaulted and never paid. A...
