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- The Charge of The Bank Brigadeby Richard BensonBeware The Coming Bank & Credit Crisis the Second Half of 2024 The Charge of The Bank BrigadeA sad parody of the famous poem byAlfred Lord Tennyson By Richard Bensonrbenson@specialtyfinance.com I Half a league, half a league,Half a league onward,All… Read more: The Charge of The Bank Brigade
- Einstein’s General Theory of Investmentby Richard Benson“The most powerful force in the universe is compound interest” Albert Einstein “Not any more…” Ben Bernanke Einstein was a genius known for his simple elegant expressions of complex natural laws. Indeed, what is simpler than E=MC2? While it may… Read more: Einstein’s General Theory of Investment
- Social Security Benefits could be a Thing of the Pastby Richard BensonIn my youth, my father worked hard every day and looked forward to receiving his Social Security benefits when his time was due. When he finally began collecting, combined with a modest pension from General Motors where he worked for… Read more: Social Security Benefits could be a Thing of the Past
- Pink Slime, Horse Meat and Horse Hockey Investmentsby Richard BensonYears ago we were more entertained by our government’s actions because we were younger then and not threatened so much by their policy decisions. But now as we approach retirement age, we are becoming simply enraged and disgusted by the… Read more: Pink Slime, Horse Meat and Horse Hockey Investments
- Suppressing Unemployment To Win The Electionby Richard BensonIn Presidential politics, when you get beyond the culture wars, wedge issues, religious right, taxing the rich, pro-choice, nuking the gays, the Tea Party Movement, and NIMBY, one election truth holds clear: A sitting President running for a second term… Read more: Suppressing Unemployment To Win The Election
- No Bull Prize in Economicsby Richard BensonThe crux of any economic theory starts off with the magic words “first assume that” and then using dazzling logic follows an irrefutable happy conclusion. The real key to using economic theory and logic is in the assumptions. Assume the… Read more: No Bull Prize in Economics
- The Fed Pays a King’s Ransom to Chinaby Richard BensonAmerica’s economy is in shambles. Fiscal policy is totally gridlocked between Democrats who want to see some long term tax increases, and Republicans who only want spending cuts. Worse yet, the Republicans view economic failure in America as a good… Read more: The Fed Pays a King’s Ransom to China
- Pigs Fly and Prices Go Nutsby Richard BensonWhen business slows down over the summer months, I finally have some time to reflect and do a little economic detective work and, yes, an occasional jig saw puzzle. Trying to figure out what is going on in the world… Read more: Pigs Fly and Prices Go Nuts
- Boomerang Inflationby Richard Benson“What goes around….comes around” is an old adage with common sense logic. It’s just perfect karma for those with an affinity for the concept of eastern thought. However, if this simple cliché means you got what you deserved and justice… Read more: Boomerang Inflation
- For a House in a Hamlet, To Buy, or Not To Buy, That is the Questionby Richard BensonThere is no question that buying a home can be an emotional experience. Sometimes the desire to own is so strong the “want” to own outweighs the actual “need” to own. This strong desire can suddenly run into a brick… Read more: For a House in a Hamlet, To Buy, or Not To Buy, That is the Question
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