Like all proposals that come from the Obama administration, details of the President’s multi-trillion dollar public health care plan are murky and shrouded in controversy. However, the essentials are simple: […]

We won’t have to consult the Consumer Price Index to know when the much feared Obama-inflation monster has finally arrived to devour what savings we have left. All that will be necessary will be to look at the average yield on short-term money-market funds. […]

According to the Financial Times (June 16, 2009), the British Chartered Financial Analyst Institute recently polled its members and found that 77% either “strongly” or “very strongly” disagreed that investors behaved rationally. […]