The most dangerous books are those with a lot of truths mixed with a lot of falsehoods.  The ironically named newly published “Debunkery” is one of those books.  Let me focus on just Chapter 16 for which I have particular abhorrence because it contains so much false information that should have been easily researched.  The […]

At this excellent post, six parallels are drawn between ancient Rome (Which- key point -doesn’t exist anymore by the way, in case you missed the memo) and the USA:http://www.progressivereader.com/?p=812In addition to these six, I would add #0:  Massive and growing income and wealth disparity.  Wealth oils the economic engine and if too much lubricant languishes […]

Due to complete lack of quality control, Ameriprise (actually its subsidiary broker-dealer, Securities America) was sued by investors when a couple of large Ponzi schemes were told to them by Securities America representatives.  Initially attempting to settle for five cents on the dollar, it appears the ante has been bumped up to about nineteen cents […]

Unfortunately, this myth is partially true.  Especially due to the manner in which mainstream media portrays what it means to be “wealthy” (having lots of stuff and power), most of us harbor an irrational belief that we, too, have a shot at it.  In truth, it’s a snowball’s chance in hell.Non-mainstream publication Mother Jones, has […]

I remind you, just to be sure, that these blog post headings are FALSE.  Alright.  According to a recent article at ThinkProgress,  if you have change in your coin purse, you possess more than the combined income tax liability of GE, ExxonMobil, Citibank, and the Bank of America, all of whom recently reported record-breaking profits […]