government

FreedomFest in Las Vegas

I just recently returned from FreedomFest in Las Vegas, a conference attended by proponents of individual freedom, personal responsibility, smaller government, and sound money. I was part of a discussion panel called "Alternatives to Wall Street" and keynote speakers included Ron Paul, Steve Forbes, … [Read more...] about FreedomFest in Las Vegas

The Most Important Financial Question You Must Ask

What is inflation? I believe this is the most important financial question a person can ask. I am constantly on a trek to better understand money and wealth. Here is some of what I've learned thus far: Per its original meaning: Inflation is not a rise in prices Inflation is a rise in the money … [Read more...] about The Most Important Financial Question You Must Ask

Why Does Government Fail?

While everyone argues about what the government should be doing, 2 very fundamental factors are ignored. In this video I discuss those factors. One thing I didn't include … [Read more...] about Why Does Government Fail?

Deciphering the Bank Stress Tests

Here are a couple highlights for a recent post over at Daily Reckoning regarding the bank stress test results. Banks need about $75 billion to reach "adequate capitalization" "Adequate capitalization" is when common equity equals 4% Common equity being at 4% means a debt-to-equity ratio of … [Read more...] about Deciphering the Bank Stress Tests

How to Cope with Your New $50k in Forced Debt This Year

There are about 100 million non-government, non-taxpayer-paid workers in the U.S. $3 trillion normal government spending + $2 trillion additional emergency spending = $5 trillion government spending in 2009. That amounts to $50,000 of government spending per non-government, non-taxpayer-paid … [Read more...] about How to Cope with Your New $50k in Forced Debt This Year

S&P Price-to-Earnings Ratio Says Market is Still 70% Overpriced

If you are choosing to stay in the stock market right now because of any of the following reasons... It is poised to bounce back You don't want to close out losing positions Stocks are cheap right now ...then the simplicity of the following information may shock you. Last week … [Read more...] about S&P Price-to-Earnings Ratio Says Market is Still 70% Overpriced