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Category Archives: Main Page
Alan Simpson cuts through “BS and mush” on budget reforms
Alan Simpson and Erskine Bowles, co-chairs of President Obama’s Deficit Commission, have released a “Chairmen’s Mark,” a broad plan to reduce the federal deficit by cutting spending and raising taxes. The plan incites the horror of reality across the political … Continue reading
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The flaws in the financial advisor system
Excellent article from the Globe today reiterating the horrendous conflicts in the investment advice business. The article focuses on Canada but the structure and problems are worldwide. The financial industry continues to lobby-for-its-life against a fiduciary standard that would place … Continue reading
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Central bankers are trying to bury us in more debt (they are bankers after all)
Jim Bianco and Aaron Task look at what Central Banks are really trying to do when they intervene to artificially support asset prices. Here is the direct link.
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