Monthly Archives: January 2017

Capital deficits for the masses driving political upheaval

Just came upon this discussion and thought it worthwhile, especially the comments about pension targets, investment returns and political fall out. Underfunded government pensions to the tune of $1.3 trillion, with a gap that just can’t be filled, is the … Continue reading

Posted in Main Page | Comments Off on Capital deficits for the masses driving political upheaval

Some facts that matter to start another zany week

S&P 500 price to revenue ratio charted here since 1986, much worse than the 2000 market bubble:  today at 2.45 versus historic average of 1. A retreat to just 1.3 would take stock prices down by 50%.  (See:  On Governance.) … Continue reading

Posted in Main Page | Comments Off on Some facts that matter to start another zany week

Alternative facts and other lies

The most dangerous liars are the ones who convince themselves, and then others, that they are telling the truth. Very important discussion for all of us to keep having. “Alternative facts,” proffered by Kellyanne Conway, is a “George Orwell phrase,” … Continue reading

Posted in Main Page | Comments Off on Alternative facts and other lies