America no longer is a Nation of Immigrants as JFK wrote more than 60 years ago.  It’s instead a Nation of Cults. A cult is a group defined by its religious, spiritual, philosophical, racial, political and/or conspiratorial beliefs … or by a fanatical fervent attachment by...

A political party, that is. The U.S. has only two …, right?  Although … maybe not …. There are currently two nationally-organized political parties:  the Republican Party; and the Democratic Party.  They have been the only parties-in-power in America for over 150 years.  They have denoted America’s...

The obverse of “Rational Exuberance” is “Irrational Exuberance,” a phrase popularized in December 1996 by then-Federal Reserve Chairman Alan Greenspan when he warned investors that unjustified internet optimism had crept into stock market valuations.  As a consequence, he warned, soaring valuation assumptions based on rosy...