The Offensive Against America’s Champions Facebook, Amazon, Apple and Google/Alphabet are America’s capitalist champions most notorious monopolies. They should be broken into their component parts just like the Justice Department did with AT&T in 1984. That dismemberment gave America eight telecommunications companies that could...
What is Money? Money is an alternative to barter. It serves as a medium of exchange. In order to be functional (especially in today’s global economy) it must be (1) widely used, (2) accepted in transactions involving the transfer of goods and services from...
A History Lesson An often-heard refrain today among younger Americans is that they don’t have the same opportunities to achieve the American Dream as their parents and grandparents had. Jobs are scarcer. The jobs that are available don’t provide the same level of income...
Diversification versus Diworsification Diversification is a means of wealth preservation that spreads investments among a range of assets and asset classes. It relies on the concept that owning different kinds of financial assets is less risky than owning only one type and requires an investor...
A Delicate Balancing Act The NY Times on May 21st published an editorial entitled “Charity Won’t Solve Student Debt” the title of which spotlighted the student loan debt debacle crisis. Total student loan debt now stands at $1.56 trillion with more than 44 million Americans...
