26 May 2016

Sanders vs. Trump: Could This Be the Debate of the Century?

Democratic Socialist Bernie Sanders and Republican Capitalist Donald Trump have tentatively agreed to a debate before the June 7, 2016 primary in California. If so, the event would be an uneven intellectual, bare-knuckles debate about a range of critical issues ranging from the failures of unregulated capitalism, income inequality, the

Chuck Epstein 1
24 May 2016

No Chairs Thrown By Sanders’ Supporters: Snopes

As an earlier article on this web site said, there were no chairs thrown at the Bernie Sander Democratic convention in Nevada. The media did a poor job of verifying an allegation by a second-hand blogger that chairs were thrown, but the political media never did their basic job of

Chuck Epstein 0
22 May 2016

Time for Outsiders To Emerge in the Financial Services Industry

Being a political outsider has captured the attention of the American electorate in the last decade or so and is now been credited with generating a fundamental re-assessment of the national political establishment.  Now, it’s time for outsiders to emerge in the financial services industry. Why? Simply because the “financial services industry,” a term

Chuck Epstein 1
20 May 2016

How Student Debt Impacts Home Ownership and Retirement

Despite all the complexities of investing and the machinations of the financial markets, there are only three main ways to build wealth for the average American: Through home ownership, by creating a portfolio and by savings. Of these, the one with the largest, most consistent and common payoff is home ownership. That’s

Chuck Epstein 0
19 May 2016

The Mystery of the Flying Chair: A Bad Day For Journalism

It is easier to steal a canoe than a pack of gum and so it was in Nevada this week when the Nevada Democratic Party railroaded the Bernie Sander’s campaign by ignoring a floor debate and unilaterally declaring a vote and more delegates to Hillary Clinton. The disputed result produced a vocal display

Chuck Epstein 1
18 May 2016

New Overtime Pay Rules for Workers Should Benefit Financial Advisors

Today’s decision by the US Department of Labor to authorize overtime payments for certain workers to boost their net take home pay is good news for financial planners. Under the new rules, almost all workers earning salaries beneath the “overtime salary threshold” of $23,660 are entitled to time-and-a-half pay whenever

Chuck Epstein 0
10 May 2016

6 Ways Investors Will Benefit From Changes in the Financial Industry

Changes in technology, politics and regulations are converging to bring new changes to the financial industry. And in a rare move, all of these present new benefits to average investors. What makes these changes noteworthy are that they are forcing the very conservative, often anti-investor financial services industry, to essentially give investors

Chuck Epstein 0
05 May 2016

The Financial Industry’s Greatest Conflict-of-Interest: Lobbying Against Their Own Customers

With the Department of Labor (DOLs) long-delayed, new fiduciary standard is now becoming more accepted, the financial services industry still has not confronted its biggest conflict-of-interest: using client’s money to fund lobbying campaigns designed to victimize their own customers. Like animals that eat their young, the financial services industry lobbying

Chuck Epstein 0
03 May 2016

The DEA’s Use of Bad Science to Discredit Medical Cannabis

When science is used for political purposes it results in some very distorted and dangerous results that serve a specific point of view at the expense of the rigorous standards mandated by the scientific method. History has numerous examples of scientists who have twisted, concealed or fabricated scientific studies to

Chuck Epstein 0