Do not wait, you cannot recover the years you should have been slowing down.  Find hobbies, or other things you are interested in to occupy your time.  I love my hobby and play at it under my own pace, now at 60.  Many of my friends retired at least 5 years ago.  I just started to slow down a year ago and am nearly ret...more

The federal government, the federal reserve and the largess of bureacracy cannot regulate us into prosperity.  It is impossible.....the failed stimulus, welfare rescues for corporate failures and unions only postpone the inevitable.  Look around, and see the standard of living will continue to decline.  For some prospe...more

Never before in our countries history has so much wealth been transferred from savers to reckless investment.  When and if interest is allowed to float back up the government will be crippled.  More drastic cuts will be required as interest on accumulated debt will consume a large portion of revenues.  Keeping interest...more

I heard it somewhere, maybe Warren Buffet said it or its just simple strategy.  "I buy when everyone else is selling, I sell when everyone is buying".  Physical Gold and Silver will possibly someday be a currency by default.  If I grow food it can be bartered, if I hold some coins it can be used to trade.  We all hear ...more

As a semi retired person, I can say the heading "war on savers" is something history has always shown as a lesson.  The action of keeping interest at zero and banks flushing returns near the mark, coupled with actual inflation twice the BLS standards, leaves returns far negative.  The result, retirees leaving banks in ...more

The real headline should be "we are here, stagflation".  This is where everything really costs more yet some things go down or stagnate such as wages.  Attempts to re-inflate the economy have failed.  5 years of attempts to re-inflate will end badly.  Ask anyone who is looking for work, some can't actually afford to ta...more

History is a good teacher.  When younger I listened to the wisdom of a generation much older and wiser, a generation which endured the worst economic times in our country.  They told of some tough times, and ways to manage and even improve their lifestyle in small ways.  That generation is long past now, since policy m...more

Making cuts are going to be painful.  The plan for sequester was ill conceived and both parties, including the executive branch didn't think it would come to this.  What we have is bloated government which lives high on the hog, using credit to finance the largess and ignorant policy makers who cling to failed and croo...more

Bills article basically refers to others (eurozone) whereby central banks need some means of transfering assets to other areas of the economy.  Otherwise prop up debts, stave off collapse, stave off bank failures, finance debt to pay debt etc.  What Bill fails to convey is that this very thing, confiscation of assets i...more