Monthly Archives: March 2009

I want to tell you a story about an average American whose name is Fred*. Fred is an older guy, approaching retirement, who has spent his entire life working on his family farm in Nebraska. He’s accumulated some wealth, although … Continue reading →

Last week, the Federal Reserve announced it would begin buying “the long end of the yield curve”.  What does this mean exactly? On March 18, the Federal Reserve announced it would spend up to $1 trillion to buy treasury notes … Continue reading →

President Obama released his proposed budget recently and had his surrogates on the cable talk shows attempting to sell it to the American people.  One recurring theme repeated over and over again by his pitchmen is that taxes will be … Continue reading →