Financial Myths

Ensuring your prosperity in the years to come using resources you have today.

MYTH: We’re not helping our veterans. Hurry to enroll in this FREE program.

Well, I think it is true that in many ways, as a country, our treatment of veterans is woefully inadequate. But not in Clackamas county. See details below for this FREE series of classes on business management. This is not only for established businesses but also for vet’s who would like to start a business.The […]

No Myth: Need Another Crisis? By the numbers.

1. There are approximately 79 million Baby Boomers in the U.S. (those of us born between 1946 & 1964, roughly).2. About 5 million have some form of Long Term Care insurance, or just over 6%.3. About 15.8 million– 20% -will need Long Term Care insurance once they pass age 65.4. Average cost in Oregon for […]

The Myth of the “Conservative” politician

They abhor “wealth redistribution”. Unless it is from you to them, which has been the case since the Reagan borrow-and-spend years, accelerated by Clinton and blasted into outer space by GW Bush & his Congressional toadies. They advocate fiscal restraint in government. Unless it takes benefits away from their owners, I mean, campaign contributors. They […]

What’s a “Fiduciary”?

Even though I disagree with most of Forbes’ editorials, Neil Weinberg had a mostly excellent article in the August 9th issue. He begins, “Everybody hates Wall Street and it’s easy to see why. While one in six workers can’t find a job, investment banks are hiring thousands. Goldman Sachs Chief Lloyd Blankfein recently bought an […]

Myth: Capitalism is a Perfect System

As incredible as it may seem, there are prominent political, intellectual, and business leaders who believe that unfettered capitalism, a “free” market, can do no harm. For example Alan Greenspan, the principal architect of our recession, believed financial regulation stifles innovation. Thus his support of GW’s deregulatory spree.But as Stanford economist Joe Stiglitz points out […]

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