An American Tale Today, with a socialist juggernaut loose on the land, here’s a story that I am afraid will soon become as all-American as baseball itself. Even casual sport fans by now know that 26-year-old right fielder Bryce Harper just signed a record busting 13-year, $330 million contract with the Philadelphia Phillies. We’ve liked […]
We’re back in the debt ceiling zone again. In February 2018, Congress suspended the US national debt ceiling, the statutory limit on how much money the government is authorized to borrow, until March 1, 2019. It was the tenth time in the last decade the debt ceiling was suspended. At that time the debt ceiling […]
Smart (and obvious) investing advice: When Warren Buffett speaks, you listen. Something Warren Buffett said the other day caught our attention. In a CNBC interview, Warren Buffett warned companies to avoid states with unfunded pension liabilities. It is sound advice. And it has implications for individuals as well. Unfunded public pension liabilities are […]