A month ago, Michael Hudson sent me an excerpt from his new book, The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America — and Spawned a Global Crisis. I enjoyed it so much that I requested a review copy. I read it quickly, then mulled over it between engagements to […]
Tag Archives: Financially Stupid People
Fed to Spur Growth; Summers Spares Nation by Quitting
Good morning! Here’s what you need to know: ______________________________ OVERVIEW The Fed is willing to provide additional accommodation to spur growth. Gold is soaring in anticipation of more dollar-destroying action from the Fed. Larry Summers is quitting his job as Thrasher in Chief of the US Economy. If you’re rich, you’ll pay higher taxes next […]
Is Democracy Dead In America?
In response to yesterday’s article, What Will You Do Differently in The Next Financial Crisis? reader Alan Stockton wrote this comment: I don’t think that this situation is grounds for giving up on trying to change the political playing field to reduce corporate influence. Our government “…of the people, by the people, for the people…” […]
What Will You Do Differently In The Next Financial Crisis?
There’s not much new to write about finance. As a financial writer, I can assure you that the basics haven’t changed in your lifetime. Even the advent of new financial products has just changed the way you access your finances, but not their nature. The same way a new pen might change the feel of […]
New Book Debut
I’m pleased to announce the availability of my newest book, Financially Stupid People Are Everywhere: Don’t Be One of Them. I’ve written extensively about personal finance in the past but, frankly, nothing has worked. Most people are still woefully ignorant of the most basic rules of money management, and end up precisely where they don’t […]