If you want to know how progressives can take everything away from you then read “RECONSTRUCTION.; Hon. Thaddeus Stevens on the Great Topic of the Hour. An Address Delivered to the Citizens of Lancaster, Sept. 6, 1865.” Stevens was a Radical Republican from Pennsylvania, who wanted to punish the South for its rebellion by stealing the land of anyone with 200 acres or more and "redistributing" it to everyone else. Today's progressives want to do the same thing, by redistributing the wealth of anyone they deem too wealthy, to those they deem deserving. In 1865, Stevens laid out his … [Read more...]
Inflation? Yes.
You don’t need to read the latest Producer Prices report to see that inflation is here. All you need to do is go for a walk around your neighborhood to see home prices, go shopping for groceries, or open the utility bills, and you see higher prices for all. Pandemic or not, prices are higher. You don’t have to be a genius to understand what China’s attempting to accomplish with its foray into digital currencies. Tired of buying worthless Treasuries, they want a plan B. What happens when China steadily tries to replace the dollar as the reserve currency? Both China and the U.S. government … [Read more...]
FORENSIC REPORT: Major Miscounting in Michigan. NH Next?
A forensic report has detailed major miscounting of ballots in Michigan's 2020. Other states could produce similar results in the future. New Hampshire signed a bill on Monday to audit voting machines. Debra Heine reports in American Greatness on the results from Michigan: A new election forensics report on the 2020 election in Michigan shows that voter registration in nine counties is either near or exceeds the county population, and over 66,000 recorded ballots in those counties were not associated with a registered voter. Dr. Douglas G. Frank, the expert who conducted the analysis, said he … [Read more...]
Demography Is Destiny: You Will Rise and Stand
Demography is destiny. Take a look at the Progressives’ crazy agenda. Not one part of it says “family values.” Instead, it puts them at the head of your family dinner table. Their mission, led by the elites in Silicon Valley, Hollywood, and Corporate America, is to control you. The elites are awash in guilt. Are you? Hardly. You’re bustin’ your butt to make a living and to raise good kids. You’re the forgotten men and women who the Progressives feel they can steamroll. Not so fast. Their mission is not sustainable as long as we recognize the problem and put on the brakes. Joel Kotkin … [Read more...]
Fidelity Investments #1: Hires 4,000 Focuses on YOU
The financial services business is booming. The keyword being “services.” Because as millions of existing and new retirees look for help, the demand for service is stretching some firms’ capacity to help them. Not Fidelity’s, because, as you know, Fidelity is #1. With all the talk about robo-advisers, one fact remains with automated services; nothing can replace a live conversation with a financial adviser. I know my customers. I know when their emotions are high, and that’s something I don’t see a robot catching. Service is a huge part of getting your finances right. I know you don’t … [Read more...]
Be Dangerous: Biden’s Progressive Puppeteers’ E.O. Gun Grab
Some thoughts about the progressive puppeteers behind the Biden administration’s executive order gun grab. Gun control is simply about one word: POWER. The Second Amendment was created by the Founders to protect YOU, not hunting rights. The gun control executive orders will do nothing to make the “streets” safer. How do you think David Chipman, Biden’s nominee for ATF Director, who worked for Gabby Giffords’s anti-gun outfit, will rule? Ghost gun ban? It’s a non-starter. Thugs aren’t making guns in their science lab in their mom’s basement. They’re buying them on the streets … [Read more...]
It’s as Simple as 4%? No, Not Anymore
In my conversation with you this week, we talked about the appropriate draw rate from your portfolio. We discussed how the days of a four percent draw are history. With interest rates nailed to the floor, you need to adjust accordingly. Thankfully, most of you have, I hope. Take a look at Dick Young’s investment North Star. That, in a nutshell, is how savers are penalized by Washington. Now, look at the dividend yield on the Dow Jones Industrial Average. Do the math. A simple back of the napkin calculation of a 50/50 portfolio yields a fraction of what it used to. These are not easy … [Read more...]
One Word Explains the Worth of Your Neighbors’ House
In my conversations with you, you’re telling me home prices are crazy. It really doesn’t matter where you live. Take, for example, a realtor and prospective client I was talking with yesterday. He operates in the mountain west and said he has tons of buyers, just no homes to sell. No supply. And that’s residential real estate today in a nutshell—supply. On a recent trip to Key West, we talked with a realtor getting ready to show a house as we were walking by. Curious, we asked if we could take a quick look. This tastefully done home was a perfect, cozy, old town Key West conch retreat. The … [Read more...]
Your Survival Guy Stock: Witness This Dividend Miracle
Sometimes it’s hard to talk politics. So let’s talk about religion. Because when it comes to kneeling down in front of the stock altar, IBM has got some religion. I’m talking about DIVIDEND RELIGION—paying one since 1916. Can I get an AMEN! Look at the chart for my Survival Guy Stock above and consider life back in 1986 for a moment. Tom Cruise was lighting it up on the big screen with Top Gun. IBM? Not so much. (Talk about needing to put out a fire.) But it still paid a dividend that year. Sometimes setting it and forgetting it works wonders. What were you doing in 1986? Me? I was … [Read more...]
Why Your Life Before COVID Isn’t Coming Back
When you sit back and think about where we’ve been over the last year, it makes you want to cry. How quickly we’ve lost so much. It’s hard to put words to it, really. But I’ll try. And I’d like to keep politics out of it. But that’s impossible. Because when I’m out walking maskless with our dog, I might as well be wearing an “I voted for Trump” sign. The looks I get would scare anyone, especially if you could see their muttering mouths. They scurry across to the other side of the street, touching their mask to indicate “where’s yours stupid,” looking back at me with their head down and … [Read more...]