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Showing posts from July 6, 2014

Calling Mr. Yellen

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The fundamentals of project management provide that any project manager worth a shit- is far too intelligent to take over a half completed project that is already vastly over budget. Those things don't make your project resume' sparkle. Please think of the Federal Reserve's QE programs as a project- because I think the analogy is accurate. Several of the commenters on the Zero Hedge comment boards like to refer to Federal Reserve Chairman Janet Yellen as "Mr. Yellen." I'm not sure what the genesis of that was precisely, however, I strongly suspect it has something to do with her not so appealing looks- some folks have even said that when Janet enters any bank- they turn off the surveillance cameras just to be on the safe side. Mr. Yellen's husband is George Akerlof. I spent this morning reading some of Akerlof's papers and thus opinion pieces- trying to get an accurate read on the collective Yellen thought process. Akerlof claims to be on the sta...

How To Financially Survive the American Health Care Disaster

This piece is predicated on two things. That you have some disposable income and that you currently do not have health insurance.(and know this- many of you will soon lose it.) In 2007, I was able to retire early at the ripe old age of 46. It had always been a dream of mine not to spend my entire life toiling away for someone else. In the America of my dreams- life planning, hard work, discipline, determination, denying myself big ticket purchases, and saving- might allow me to pull that off. My American dream was contingent on freedom and the expectation that government or anyone else for that matter, would not be allowed to steal my money. I'm not talking about an opulent life. I am talking about being able to afford a decent house, a new car, and enough money to travel when I want. Those things are attainable- but you have to live frugally. Frugally does not include paying 500 a month for health insurance coupled with an annual 2000 dollar deductible. That rounds out to some...

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