Rapture verdict ad 1

Use Of The Articles On This Site

If you would like to use any of the articles on this site on your own blog or website, that is perfectly fine. What we require is that you make no edits to the content of the article and that you include a direct link back to the article source.

Recent Posts

Disasters Can Happen

Quitting the Cucumber Affair

Brexitby MN Gordon

Economic Prism

Vince Lombardi, the famous American football coach, once said, “Winners never quit and quitters never win.”  Maybe he meant that winners overcome obstacles to reach their goals while quitters give up and fall short…or something to that effect.

Certainly, this makes for a good bumper sticker.  Perhaps it’s a helpful quote for the first time marathon runner to repeat come mile 20.  Saying it aloud may somehow will them across the finish line.

But what about those who never quit, yet still never win?  By default does that make them losers?  Or are they just stubborn pack mules?

And what about those who never quit despite not knowing what it is they are after to start with?  What does that make them?  Are they lost, confused, or something else?

We suspect there’s no one right answer to these questions.  They are a matter of opinion.  Each (Read More....)

. . . → Read More: Quitting the Cucumber Affair

Down Goes the Hopes and Dreams of Three Generations

Economic Collapse Picture Credit Pixabayby MN Gordon

Economic Prism

A Sucker’s Deal

The yield on the 10-Year Treasury note’s accelerating its descent toward zero.  The last we checked the yield was at about 1.56 percent.  But in every practical sense, for income investors, a yield of 1.56 percent may as well be zero.

For example, at that rate, if you gave the government $1,000, you’d earn $156 over the next 10 years.  That comes out to just $15.60 per year.  As far as we can tell, that’s a sucker’s deal.

What’s more, it’s likely inflation will significantly erode the buying power of the initial principle.  Using the government’s own highly understated (Read More....)

. . . → Read More: Down Goes the Hopes and Dreams of Three Generations

How to Maximize Economic Potential

Investmentsby MN Gordon

Economic Prism

Scratching the Surface

Problems, as people commonly perceive them, require solutions.  Broken shoelaces must get fixed.  Regrettably, in today’s democracy this means the candidate who offers the most fixes – in the form of goodies – to the most people wins the election.

The Gallop poll reported earlier this week that 18 percent of U.S. adults believe the “economy in general” is the most important problem facing the country.  This was followed by 13 percent who believe “dissatisfaction with government” is the top (Read More....)

. . . → Read More: How to Maximize Economic Potential

Guided By Nonsense

Crisisby MN Gordon

Economic Prism

“Read the directions and directly you will be directed in the right direction.” -- Lewis Carroll

Seven Year Achievement

U.S. consumers are at it again.  After a seven year hiatus they’re once again doing what they do best.  They’re buying stuff.

According to the Commerce Department, personal consumption expenditures (PCE), which is the primary measure of consumer spending on goods and services in the U.S. economy, increased $119.2 billion in April.  That marks an increase of 1 percent, and is the biggest one month increase since August 2009…nearly seven years (Read More....)

. . . → Read More: Guided By Nonsense

How Elon Musk Empowers Fools to Part Ways with Their Money

Ports Pixabayby MN Gordon

Economic Prism

Tesla Goes Fishing

Tesla Motors is up to something remarkable.  But what it is, exactly, is unclear.  According to the Tesla Motors website, the company’s mission is: to accelerate the world’s transition to sustainable transport.

This all sounds quite brilliant, indeed.  Though we must admit, we’re not really sure what sustainable transport is…or why the world’s transition to it should be accelerated.  Nonetheless, we’ll assume this is a noble cause.

Tesla’s bold CEO, Elon Musk, certainly thinks it is.  In fact, the twelve billion dollar man’s so sure of the endeavor he keeps (Read More....)

. . . → Read More: How Elon Musk Empowers Fools to Part Ways with Their Money

Even Death Won’t Save Us

money-256319_960_720by MN Gordon

Economic Prism

Rubbernecking at the economic train wreck of central planners is not without hazard.  A strained collar and dry eyes, for instance, are common perils.  So, too, is the lasting grimace of disbelief that comes with the rollout of each zany scheme to save us from ourselves.

Etched forehead lines and nighttime bruxism are several of the secondary effects.  Not owning shares of Amazon is another.  Though, over the long term, this will likely be an advantage.

Certainly, gawping at the present execution of monetary and fiscal policy in America is not without some benefit.  A healthy suspicion is garnered of politicians and public officials.  This, at the very least, relieves us from voter’s remorse.  Since we didn’t vote for President Obama we don’t have to live with the soiled conscious that most surely befalls those who (Read More....)

. . . → Read More: Even Death Won’t Save Us

The Cure is Worse than the Disease

2016by MN Gordon

Economic Prism

Today we look back to the recent past with singleness of purpose.  Context and edification for the present economy is what we’re after.  We have questions…

How come the recovery has been so weak?  Why is it that, nearly seven years after the official end of the Great Recession, the economy’s still mired in a soft muddy quag?  Squinting, focusing, and refocusing, there’s one particular week that rises above all others.

On Saturday September 20, 2008, Treasury Secretary Hank Paulson delivered a draft of the Troubled Asset Relief Program (TARP) to Congress for review.  If you recall, it had been another wild week.  On Monday, September 15, after 158 years of operation, Lehman Brothers vanished from the face of the earth…Dick Fuld, “The Gorilla,” be damned.

All week the sky relentlessly fell on financial markets.  (Read More....)

. . . → Read More: The Cure is Worse than the Disease

Hi I am Michael160 ABOUT ME160 Follow Me On facebook160 Follow Me On twitterMicheals Book MN Gordon EPAbout MN GordonFollow MN Gordon