Cognitive Dissonance In May of 2006 at the height of the housing bubble, then Fed Chairman Ben Bernanke gave a speech at the Federal Reserve Bank of Chicago’s 42nd Annual Conference on Bank Structure and Competition. https://www.federalreserve.gov/newsevents/speech/bernanke20060518a.htm. In the Q&A session he commented—”Rapid appreciation in house prices has made homeowners feel wealthy and has powered … Read more
Source: Can’t Afford a Vacation? Blame the Fed. – LewRockwell
What the Mamdani mayoral victory means for the rest of the country The Mamdani victory was not an isolated incident that will be limited to the crazy blue coast or just the Burroughs of New York. Bernie Sanders, Alexandria Ocasio-Cortez, and now Zohran Mamdani has the potential to grassroot across America over the next few … Read more
I call it “Financial Prison,” but we can go with “Junk IRAs.” There is a better way to save and store your money for retirement where you have access to cash when you need it, without fees and taxes. Source: Many Americans Have Retirement Savings Stuck in ‘Junk IRAs’ | Money
Source: How the Fed Made Housing Unaffordable | Mises Institute
Source: Can Trump Slip the Grip of the Neocons? – LewRockwell
Should always try to save and invest as much as you can afford, however, the worst place to save your money is your 401K and retirement accounts. This is financial prison for your own money that make it difficult to access and are taxed and penalized by the government for saving. Source: Here’s How Much … Read more
One of the best foreign policy speeches of my lifetime since Reagan’s “tear down that wall!” Has been a great couple of weeks on foreign policy for Trump and a very bad two weeks for the war mongering Neocons. Source: Trump Torches Neocons & Interventionists, Emphasizes ‘Peace Through Strength’ Deal-Making In Major Saudi Speech | … Read more
You money is actually not safe in any bank, even if it is FDIC-Insured. Reach out if want to learn more and a better place to save and store your safe money to protect yourself and your family. Source: Why Your Money May Not Be Safe in a Digital Bank, Even If It’s FDIC-Insured | … Read more
Source: Greed is good — how capitalism makes the world better for us all