23 Feb 2017

What Retirement Crisis Are You Talking About?

[sgmb id=”2″] The financial media operates 24 hours a day and despite the proliferation of company, market and economic news and endless commentary, financial journalists are avoiding any discussion about the biggest financial crisis facing every American: the retirement crisis. Politicians don’t want us to talk about it since this is the ultimate form of

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08 Feb 2017

John Birch-Neoliberal Political Policies Ascend Under Trump

      Most average investors don’t know about the political philosophy of neoliberalism, but they would recognize its main ideas since they see them everyday in Washington. Since it re-emerged after World War II, neoliberalism (the 20th century resurgence of 19th century ideas associated with laissez-faire economic liberalism), the

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19 Jan 2017

Exxon Has No Allegiance to the U.S. and Neither Will Tillerson

[sgmb id=”2″] By now, anyone seriously interested in Exxon’s long and twisted history in the oil industry worldwide can readily find information about its dealings with dictatorships, criminals and shadowy politicians to extract and export black gold from the far reaches of the earth. But, the proposed appointment of ex-Exxon

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11 Dec 2016

This 70-Year-Old Memo Remains the Basis for U.S. Foreign Policy Today

[sgmb id=”2″] History does repeat itself and that remains true today. Stolen elections, campaign fraud, wars conducted over false information, assassinations, dirty tricks among political parties, incompetent elected officials at the highest levels of government are nothing new. But here is an interesting memo written 70 years ago which rings

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03 Dec 2016

If You Hate Financial Regulations, You’ll Love This

[sgmb id=”2″] One of the core conservative beliefs of the Republican Party is to loosen or remove regulations, but a new proposed law by a conservative Senator raises the ante on eliminating regulations by forcing them to receive Congressional approval. This should make financial industry lobbyists salivate at the proposed

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24 Nov 2016

Can “Fake” News Get Injected Into Financial Journalism?

[sgmb id=”2″] A recent study conducted by Stanford University’s Graduate School of Education found that students could not differentiate between “fake” news, defined as sponsored content on web sites, from real news prepared by attributable journalistic sources and legitimate news outlets. Based on their study of over 7,800 middle school,

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08 Nov 2016

Viewers Beware: Neoliberals Dominate Financial Broadcast Journalism

[sgmb id=”2″] While the 2016 election is going to have serious ramifications for political journalism for years to come, it should also be noted that financial broadcast journalism is more reactionary and conservative than political journalism and is just as dangerous to average Americans. The reason is that broadcast financial

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21 Oct 2016

The Russians Are Coming: Is Trump the Real Manchurian Candidate?

[sgmb id=”2″] Films are a great way of communicating complex and simple ideas, so the idea for this little column comes from two great, movies: The Russians Are Coming and The Manchurian Candidate. Each film has something to help illuminate the insanity now taking place in the Republican Tea Party

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28 Apr 2016

More Bad News for Wealth Managers: Neoliberalism is Destroying Your Client Base

Like the citizens of Garrison Keillor’s mythical city in Minnesota, Lake Wobegone, where 90% of the residents are in the top half of the class, 90% of today’s wealth managers continue of their quest to find the top 10% of the wealthiest Americans. It’s a tough search and by all

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16 Feb 2016

Wanted: Non-Corporate Financial Journalists

Financial journalism used to be a straightforward presentation of market, company and economic facts, but almost imperceptibly over the past decade or so, financial journalism, especially on cable, has become blatantly pro-corporate in its daily news presentations and ever-present commentaries and editorials. This new distorted version of financial journalism has

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