Everything is Just Fine

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… Continue reading Everything is Just Fine

What Happens in NYC Doesn’t Always Stay in NYC

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… Continue reading What Happens in NYC Doesn’t Always Stay in NYC

‘I’m furloughed due to the government shutdown’: Do I pull money from my Roth 401(k), savings or $450K home? – MarketWatch

Reason #67 why I have stated over and over that the worst place to save and store your money is retirement accounts (aside from the free employer match). Your money is in financial prison, and you have little to no access to it, in times like these when the government shuts down and stop paying… Continue reading ‘I’m furloughed due to the government shutdown’: Do I pull money from my Roth 401(k), savings or $450K home? – MarketWatch

Trump Torches Neocons & Interventionists, Emphasizes ‘Peace Through Strength’ Deal-Making In Major Saudi Speech | ZeroHedge

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 |… Continue reading Trump Torches Neocons & Interventionists, Emphasizes ‘Peace Through Strength’ Deal-Making In Major Saudi Speech | ZeroHedge