Category Archives: Politics

LUCKY LOSER–Part II

A Distrust of the Truth Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever. Random … Continue reading

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The Confused Consumer

Financial FAQs The Conference Board’s index of consumer confidence sank to 98.7 this month from a revised 105.6 in August the Conference Board said Tuesday. Consumer confidence dropped in September to near the bottom of the narrow range that has … Continue reading

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LUCKY LOSER: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success

Answering Kennedy’s Call Born to a rich father who made him the beneficiary of his own highly lucrative investments, Trump received the equivalent of more than $500 million today via means that required no business expertise whatsoever. A new book … Continue reading

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Retail Sales Slowing

Financial FAQs Breaking News: The Federal Reserve just announced it’s first rate cut of 0.50%, which lowers its Fed Funds rate from 5.25% to 4.75%. Advance estimates of U.S. retail and food services sales for August 2024, adjusted for seasonal … Continue reading

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Inflation Still in Decline

Popular Economics Weekly The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics. Over the last 12 months, the all items … Continue reading

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No “Art of the Deal”

Answering Kennedy’s Call “It’s implicit in a lot of what people write, but it’s never explicit–or, at least, I haven’t seen it. And that is that it’s impossible to keep him focused on any topic, other than his own self-aggrandizement, … Continue reading

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Who Killed America’s Middle Class?

Financial FAQs A report from the Pew Research Center found that, for the first time since the 1970s, families defined as “middle income” are in a minority in the US – squeezed from both ends by an enlarged poverty-stricken group … Continue reading

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Consumers Barely Solvent

Financial FAQs I said last month we know why the US economy is still growing. Consumers have kept spending. The second revision of second quarter economic growth confirmed this when Gross Domestic Product growth jumped from 2.4 to 3.0 percent! … Continue reading

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Equality Is Good for Everyone!

Answering Kennedy’s Call Vice Presidential candidate Kamala Harris made a promise at this year’s Democratic Convention. She would create programs that give every American the opportunity to better themselves. “I see an America where we hold fast to the fearless … Continue reading

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Why Is This Election Still a Tossup?

Answering Kennedy’s Call What is the reason Republicans have become the party of anti-intellectuals? The danger is that it may drown out any intelligent discourse about the most important issues of our day. It’s driving at least one of our … Continue reading

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