30 Mar 2017

Don’t Recognize the Republican Party Today? Here’s Why: It’s the John Birch Society

Many veteran political observers say they cannot recognize the Republican Party  that elected Donald Trump. They should not be surprised. The reason is that it is not the Republican Party. It is the party of the John Birch Society that morphed itself into the far-right Libertarian Party. This is why veteran

Chuck Epstein 0
10 Mar 2017

Fantasy Financial Planning in the Trump Era

Face it: Financial planning in Trump world  hinges on politics, not investing.  This makes it more important than ever for people  providing financial advice to tell clients about the implications of political decisions made in Washington and less about the basics of investing. By now, everyone has heard of the $26 billion

Chuck Epstein 0
28 Feb 2017

Trump Makes Bribery Great Again

A little-known segment of the Dodd-Frank bank reform bill has been revoked by Trump’s  Republican Congress and it allows major global corporations to do what they do to get business done: bribe foreign governments. The measure to repeal Section 1504 passed by a vote of 52-47 strictly according to party lines

Chuck Epstein 0
24 Feb 2017

The Darkest View of Retirement and Income Inequality

An earlier post on this site (Feb. 23, 2017) pointed out the retirement crisis in America is not getting any attention. But just because it is not getting noticed, it does not mean the crisis will go away. On the contrary, it will only get worse, aggravated by the nation’s wealth gap and attempts to alter Social Security,

Chuck Epstein 0
23 Feb 2017

What Retirement Crisis Are You Talking About?

The financial media operates 24 hours a day and despite the proliferation of company, market and economic news and endless commentary, financial journalists are avoiding any discussion about the biggest financial crisis facing every American: the retirement crisis. Politicians don’t want us to talk about it since this is the ultimate form of bad news

Chuck Epstein 0
08 Feb 2017

John Birch-Neoliberal Political Policies Ascend Under Trump

Most average investors don’t know about the political philosophy of neoliberalism, but they would recognize its main ideas since they now hear them everyday out of Washington. Since it re-emerged after World War II, neoliberalism (the 20th century resurgence of 19th century ideas associated with laissez-faire economic liberalism), the political

Chuck Epstein 0
24 Jan 2017

How Will the Press Cover A President That Is Mentally Unstable?

“Trust me,” Trump said, “I’m, like, a smart person.” The unspoken and emerging realization is that President Donald Trump suffers from mental stability, specifically a “Narcissistic Personality Disorder.” While making any psychiatric diagnosis without actually having frequent meetings with a person is based on educated conjecture, it is not without precedent. 

Chuck Epstein 0
19 Jan 2017

Exxon Has No Allegiance to the U.S. and Neither Will Tillerson

By now, anyone seriously interested in Exxon’s long and twisted history in the oil industry worldwide can readily find information about its dealings with dictatorships, criminals and shadowy politicians to extract and export black gold from the far reaches of the earth. But, the proposed appointment of ex-Exxon Rex Tillerson

Chuck Epstein 0
04 Jan 2017

Why Obama Intentionally Failed to Reform Wall Street

As President Obama leaves office this month after two terms, people should rightfully assess his achievements, especially those related to financial reform after the largest recession since the Great Depression. But for those who take the time, Obama’s financial reform legacy is non-existent. He had a Democratic majority at the

Chuck Epstein 0
02 Jan 2017

Fees, Revenue Sharing and Deregulation: How the New Trump Plan Will Raise Retirement Costs

The Republicans have never hid their distain for regulation and now with the surprise victory of Donald Trump and his arch conservative vice president, the simmering Republican distain for reversing all things from the 1930’s New Deal will are going to be reviewed and partially reversed . This will take

Chuck Epstein 0