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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12 Jul 2015

A Bad New Trend for Retirement

As the number of part-time workers continues, more workers are now becoming freelancers to make an income.  But this large shift comes at even larger price: freelancers do not get benefits, including the all-important 401(k) plan and its critical employer match. According to a CNBC report, over 53 million Americans

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27 Aug 2013

Did the Fed Use the Wrong Tools to Resurrect the Economy?

Quantitative easing has been the Fed’s major policy to resurrect the economy since late-2008, but after spending hundreds of billions in the process, it is now fair to ask if better tools were available to resurrect the economy faster than massive bond purchases. It’s a legitimate question, especially considering the

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