California Dreaming Californians for the last several decades have dreamed of making their State an American Utopia. And California’s governments accordingly have taken actions intended to help its citizens realize those Utopian dreams. The steps taken by government action and ballot-box referenda have shaped...

Should You Be a Contrarian? What does it mean to be a contrarian? The Oxford dictionary defines a contrarian as “a person who opposes or rejects popular opinion, especially in stock exchange dealing.” What is the consensus of stock and bond market direction – today’s “popular...

Plutocrats and Plutocats A “plutocrat” is a person whose wealth gives him power – put simply, a “plutocrat” is a very, very rich person. Recently, however, the media and politicians have begun using the term “plutocrat” negatively pointedly … as a disparagement, a label that...