29 Sep 2013

Time for Financial Advisers to Get Political

The looming shutdown of the federal government is clearly not good for investors.  Any shutdown is expected to cut fourth quarter GDP growth by as much as 1.4 percentage points as furloughed workers drop out of the economy, according to a survey by Bloomberg news. Yet while the shutdown is

26 Sep 2013

Free Market Zealots vs. Reality

In their focused efforts to revoke regulations, conservative zealots in the media and Congress have expanded their argument to elevate free markets into near-divine status. But in the process, free market proponents have consistently avoided any discussions about how government intervention and its largesse provide essential funding and profits to

11 Sep 2013

Did U.S. Investment Banks Unwittingly Accomplish bin Laden’s Goal?

“The Arabic-language network Al-Jazeera released a full transcript Monday of the most recent videotape from Osama bin Laden in which the head of al Qaeda said his group’s goal is to force America into bankruptcy. “Al-Jazeera aired portions of the videotape Friday but released the full transcript of the entire

05 Sep 2013

American Workers Assuming More Financial Risks for Their Own Retirements

The American workplace has become very risky and it’s not because of any safety hazards. It is more risky because individuals, most of them ill-equipped, are being asked to make more complex, long-term investment decisions that will affect their own retirement for many decades into the future. To complicate matters,