Great Depression

Right now, with millions

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Right now, with millions of Americans still out of work, and struggling to recover from the worst economic downturn since the great depression, with 40 million Americans dealing with student loans, with millions of people working full-time at minimum wage and still living in poverty, with the big banks getting bigger and the workers getting … Read more

My parents survived the

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My parents survived the Great Depression and brought me up to live within my means, save some for tomorrow, share and don’t be greedy, work hard for the necessities in life knowing that money does not make you better or more important than anyone else. So, extravagance has been bred out of my DNA. David … Read more

Then, when the Fed’s

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Then, when the Fed’s fire hoses started spraying an elephant soup of liquidity injections in every direction, and its balance sheet grew by $1.3 trillion in just thirteen weeks compared to $850 billion during its first ninety-four years, I became convinced that the Fed was flying by the seat of its pants, making it up … Read more

First, climate change is

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First, climate change is the greatest long-term threat faced by humanity. It could cause more human and financial suffering than the two world wars and the great depression put together. All countries will be affected, but the poorest countries will be hit hardest. Secondly, the costs of inaction far outweigh the costs of action. David … Read more

Don’t ever let anyone

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Don’t ever let anyone tell you that history doesn’t repeat. For 70 years, liberals have been spinning the yarn that FDR’s New Deal, despite all the evidence that it exacerbated and prolonged the Great Depression, quickened our economic recovery. Indeed, I remember scratching my head when one of my college history professors in the 1970s … Read more