Category Archives: Economics/Finance

Economics and finance explained in simple terms.

School Shootings – The Best And Final Answer

I was not in the least surprised when I learned of the Florida School Shooting at Marjory Stoneman Douglas High School on February 14, 2018.  I was deeply saddened that 17 individuals were murdered in this shooting. Then I began … Continue reading

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Prediction For The U.S. Stock Market 2018

There are many people who attempt to predict the direction of the U.S. Stock Market.  One of the strangest is that of Leonard Koppett, who in 1978, developed a theory involving the Super Bowl.  Koppett stated that a win by … Continue reading

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Bitcoin: The Greatest Scam In The Universe

I will explain why Bitcoin is the greatest scam in the universe. But first, it is a very good idea to remind our readers that whenever the federal government blunders, working-middle income tax payers are forced to “fix” 95% of … Continue reading

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The 2018 U.S. Stock Market And 2017 Stocks

The year 2017 was a very good year for U.S. Stocks.  The S&P 500 Index had a yearly gain of 18.87%.  The major market indexes had 71 new high points for the year. If you pay a fee or commission … Continue reading

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Wells Fargo CEO Appears Before Senate Banking Committee

On Tuesday, October 3, 2017, the U.S. Senate Banking Committee questioned the Chief Executive Officer of Wells Fargo, Timothy J. Sloan.  Sloan has been CEO since October, 2016, and he succeeded John Stumpf. An internal review revealed that Wells Fargo … Continue reading

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The Department of Veterans Affairs – A Public Disgrace

About three years ago, Americans learned that dozens of VA facilities had been falsifying records to hide their incompetency.  While this is indeed a public disgrace, many average Americans have known about the fraud, waste, abuse, mismanagement, Nepotism, racism, the … Continue reading

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The U.S. Needs More Historical Statues – Part 4

I would like to suggest a sixty foot tall statue of President Ronald Reagan.  The following statement should be inscribed on a large bronze plaque at the front of the statue: ” Ronald Reagan was elected president in November, 1980, … Continue reading

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Kim Jong-un : A Gambling Man ??

There are two clocks that I check frequently on the Internet.  One is the National Debt Clock of the U.S. which shows in real time how the U.S. National Debt is growing.  Readers can observe the numbers changing right before … Continue reading

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Donald Trump and Honest Capitalism

On July 12, 2011, I published an article on this website titled: ” Which Is Better: 1) Corrupt and Fascist Capitalism or, Honest and Just Socialism ? ” In that article, I wrote: ” … I would select a third choice … Continue reading

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Bankruptcy For Illinois ?

On June 1, 2017, a major event happened in the U.S. that few Americans noticed.  Even fewer Americans have any idea of the consequences of the event.  Two major bond rating services, Standard and Poor’s Corporation and Moody’s, lowered the … Continue reading

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