Mike’s Midweek Comment

The Fed Hikes Rates & What’s Coming Next

For those with excessive debt increasing rates are most unwelcome. How many more are coming and what markets will higher rates effect?  Also Michael comments on some Canadian Bank hanky panky.

…..also from Michael: Brace Yourself For a Tax Grab Budget

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Brace Yourself For a Tax Grab Budget

Despite the promises of politicians to create jobs, boost the economy, solve the pension crisis plus a myriad of other ills simply by raising taxes, history, most recently in Europe, loudly declares this approach will fail.

….also from Michael: Symbolism vs Practical Reality, Specific Policies & Measured Results

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No Questions Allowed

Consensus and innovation are two buzzwords we hear a lot these days. We hear that 97% of scientists believe there’s global warming, which in effect means no questions allowed. Not allowing debate is the antithesis of innovation, and change. Change being something bureaucrats in Governments who tout innovation resist strenuously.

…related from Michael: The Rube Goldberg Model of Government Spending

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Being an Opportunist Within The Pension Crisis

Andrew H. Ruhland CFP, CIM on how to save yourself from the unrealistic investment return expectations, longer living retirees and the other serious problems combining to create the steam rolling Pension crisis

…also from Michael: The Rube Goldberg Model of Government Spending

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The Rube Goldberg Model of Government Spending

The  shear size of complicated government spending is revealed in the 147 innovation programs currently running. What each one does, and how effectively it’s doing the job is known by no mortal

…also from Michael: A Phenomenal Threat to Our Society

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