Last week, Tucker Carlson called out Democrats' message that "you're disgusting, try to be as good as we are." Watch below: … [Read more...]
This Small State is Beating its Neighbors in a Debt Race. That’s Not Saying Much.
Despite being surrounded by the two states ranked by Moody's as having the worst debt service to state revenue ratios in the country, Rhode Island managed to come in 18th highest. Connecticut was worst, and Massachusetts just behind in second place. Is there a lot of work to be done in Rhode Island? Absolutely, but in New England, 18th worst is cause for celebration where debt is concerned. Rhod Island certainly has its weak points. Woonsocket is much deeper in debt than the State's Public Finance Management Board recommends. The Newport Daily News reports: “At the state level, the debt of … [Read more...]
How Well do You Really Know Someone?
Jason Zweig and Andrea Fuller report for The Wall Street Journal that there are deficiencies in one of the most popular tools for finding help with investments online. They write: Many people seeking a financial adviser begin their search at LetsMakeAPlan.org, a directory operated by the Certified Financial Planner Board of Standards Inc. The Board, which controls the CFP label coveted by financial planners, boasts of its high standards and has touted its directory of professionals as a place where people can find a screened, skilled and trustworthy financial planner. What they won’t … [Read more...]
Ann Coulter on Immigration: We’re in a Buyer’s Market
Much of the argument for expanded immigration to the United States comes from the positive economic impacts immigration can have. But, as Ann Coulter notes at The Hill, America is in a "buyer's market" for immigrants and has the opportunity to import the world's best and brightest, but instead targets "the desperately poor, the culturally deprived, the sick and the needy." Coulter writes: We bring in 50,000 lucky lottery winners each year, literally for no reason at all. (Thanks, First President Bush!) To enter, you must be from a specified country, like the Congo, Nepal, Ethiopia or … [Read more...]
Your Retirement Life: NewportFILM Outdoors
To kick off the Newport Folk Festival weekend, Newport FILM in partnership with Newport Folk Presents, showed Echo in the Canyon outdoors at St. Michael’s Country Day School. Becky and I walked there from our house and as you can see in my quick video we weren’t alone. It was a beautiful night. From NewportFILM: Echo In The Canyon celebrates the explosion of popular music that came out of LA’s Lauren Canyon in the mid-60’s as folk went electric and The Byrds, The Beach Boys, Buffalo Springfield, and The Mamas and the Papas gave birth to the California Sound. It was a moment (1965 to … [Read more...]
Survive & Thrive August: Your Survival Guy Escapes a Heat Wave on the Tom Sawyer
Dear Survivor, You may have experienced a heat wave this summer. Ours was this weekend, all over New England with temps in the 90s and the “real feel” reaching the low 100s. It was a scorcher. There’s no beating the heat, but going out on the boat is a nice break. In the first video I’ll show you what it feels like to leave Newport at cruising speed, with Castle Hill off the port side, the Newport bridge to stern, and Jamestown, RI to starboard (pardon my finger it was hard to hold the phone). In the next video we’re approaching Mattapoisett harbor. You’ll see Ned’s Point … [Read more...]
Is Your Credit Card One of the 100 Million Just Breached? Would You Even Know?
A hacker recently stole information on 100 million credit card customers from one of the biggest card companies in the world. According to The Wall Street Journal, the hacker was able to access information like "names, addresses, ZIP Codes, phone numbers, email addresses, dates of birth and self-reported income, the bank said. Consumer data including credit scores, credit limits, balances, payment history and some transaction data are also part of the breach. Also exposed were about 140,000 Social Security numbers and 80,000 linked bank account numbers." The victims were customers of … [Read more...]
Follow this Rule to Secure Your Family’s Investment Success
When it comes to fiduciary responsibility, you always, always want to work with a registered investment advisor. As an investment advisor, I am required by law to act in the best interest of my clients. Stock brokers, wealth managers, CFP’s, and any other acronym are not if they’re not a registered investment advisor. They follow a mushy “suitability” law. When it comes to mis-direction and confusion, this industry is shameful. Remember, for you and your family, the key words here are “required and fiduciary”. Take the SECURE Act currently in the meat grinder of Congress. It … [Read more...]
This One Thing Could Be a Huge Setback for Democrats
At his blog, Pat Buchanan explains that "Democrats are in a hellish bind." Any attempt at impeaching President Trump would, as Pat notes, "fire up the Republican base," and "be a huge setback," for Democrats. He writes: Democrats are in a hellish bind. Should they proceed with hearings on impeachment, they will divide their party, force their presidential candidates to cease talking health care and start talking impeachment, and probably fail. Impeachment hearings would fire up the Republican base and energize the GOP minority to prepare for combat in a Judiciary Committee where they … [Read more...]
Is Bitcoin a Currency, or an Asset?
Bitcoin speculators are in the midst of another wild ride in the crypto-currency's price, which shot up as high as $13,387.26/bitcoin on June 26 after having settled for months in the $3,500-range. Prices have now fallen back below $9,500 in the span of a month, taking back some, but certainly not all, of what speculators made in the last rally. Something many Americans are confused about is, whether bitcoin is a currency, or an asset. For tax purposes, the IRS is treating bitcoin like an asset. Laura Saunders reports for the WSJ: According to an IRS spokesman, there is no explicit … [Read more...]
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