We’re supposed to learn from the past, live in the present and plan for the future. At least that’s the theory. But we all know that’s not really how it works in practice. We’re becoming more indoctrinated by common dogma and myths and learning less about history and science. We’re[…] Read On
Bernie Sanders may be way older than I am, but that aside, we grew up under strikingly similar circumstances: no frills working class families in small rent-controlled Brooklyn apartments. And yet, the guy’s a raging socialist while I’m so fiscally conservative it’s a miracle that the Silicon Valley elite still put up with[…] Read On
Fear. Once it takes hold of you, that powerful emotion is nearly impossible to control. That’s no accident. Fear and the fight-or-flight response it induces have been fundamental to human survival for millions of years. Without it, none of us would be here. So it should come as no surprise[…] Read On
Entitlements are two-thirds of the federal budget. Entitlement spending has grown 100-fold over the past 50 years. Half of all American households now rely on government handouts. When we hear statistics like that, most of us shake our heads and mutter some sort of expletive. That’s because nobody thinks they’re[…] Read On
Want to know why the gap between the haves and the have-nots keeps growing? The haves live within their means. They don’t waste their hard-earned money on all the crap that American consumers spend billions, maybe even trillions, on each year. We have an almost insatiable appetite for just about[…] Read On
When stocks and other asset classes seem overvalued, we ask if we’re in a bubble. For a while, fools try to explain it away with lines like, “It’s different this time because [fill in the blank with ever more creative forms of denial].” When we can no longer deny that[…] Read On