LIVE LONG AND PROSPER

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The Employee Benefit Research Institute has released its twenty-seventh annual Retirement Confidence Survey.  The findings from this survey coupled with some other disturbing headlines in regards to the perilous condition of our nation’s pension system have laid credence to all the anecdotal evidence that I have been yelling and screaming about on the show for almost two decades.  I would …

OBSOLETE

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There has been quite a bit of attention as of late in business publications and websites such as the Wall Street Journal, Bloomberg and CNBC in regards to our retirement funding crisis.  This crisis is being framed in the context of the failure of the various different vehicles people utilize to build up their proverbial nest eggs.  Whether it be …

RETIREMENT REALITY

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I have not seen many pie-in–the-sky retirement commercials as of late.  There used to be a bevy of advertisements that seemed as if they were pumped out by an advertising team comprised of Don Draper and Robin Leach.  They aided the big firms in painting the mental picture and selling the dream of…“Champagne wishes and caviar dreams” private islands, a …

SCORPION

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The column archives on my website is divided into four categories, the largest of which is Wall Street Fraud. I have written extensively about the nefarious conduct that is perpetrated all too often at the expense of the American investor. Our goal is ultimately to educate and warn people of whom they are dealing with and the reality is much …

LILLIPUTIANS ON STEROIDS

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onathan Swift modeled his classic novel Gulliver’s Travels to satirize life in his time. The Lilliputians and their Kingdom of Lilliput were a study of what life was like in England. In the novel, the Lilliputians were all of six inches in stature, however possessing all the haughty pretention and self-importance of full-sized men. Adjectives such as: ill tempered, two-faced, …

THE WATCHDOG’S ABSURDITY COLLECTION 6

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Michael Corleone in the third installment of the Godfather stated the now famous line, “Just when I thought I was out. They pulled me back in!” The Watchdog on Wall Street version might go something like this, “Just when I thought I have seen it all, they go ahead and do this.” I now present you with the latest installment …

STUCK IN THE MUD

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APRIL 2014 “Reaganomics means you start a business in your garage; Obamanomics means you move into your parents garage.” Senator Ted Cruz I did an interview post election back in November 2008 and was asked what I thought Americans could expect as far economic growth under President-Elect Barrack Obama.  The metaphor I used to describe what I knew was coming …