Ninety-three years ago on October 24, 1929, the U.S. stock markets went on a sharp decline that eventually fell by 89% of the all-time high of 381.17 reached on September 3 of that year. On July 8, 1932, the bleeding finally stopped as the Dow Jones Industrial Average bottomed out at $41.22, and didn’t reach […]
THE 1929 STOCK MARKET CRASH Read More »
The Federal Reserve has all but guaranteed us that interest rate increases will be forthcoming, perhaps as soon as March of this year. Further, the process of quantitative easing, or increasing the money supply as the Fed buys government bonds, will be dialed back to zero. We know that interest rate increases should have an
WHAT INVESTORS SHOULD DO ABOUT INTEREST RATE INCREASES Read More »
In the early days of the United States, banking became a hot topic as some of the founding fathers were opposed to the establishment of a centralized national bank. Their reasoning came from Britain’s attempt to place the American colonies under the financial control of the Bank of England, that was seen as another act
CENTRAL BANKING IN THE UNITED STATES Read More »
Inflation is a problem that we have most fortunately not had to deal with for over forty years. The last great inflation took place in the 1970’s and reached double digits before being reined in by the Federal Reserve and the Treasury. The influence of Nobel Prize winning economist Milton Friedman was prominent during the
INFLATION: A FISCAL OR A MONETARY POLICY PHENOMENON Read More »
For quite some time Zillow.com has served as a one-stop site to manage a real estate buy, sell, or rent transaction. By visiting the website, anyone can find all manner of properties for sale or rent. They even maintain an inventory of residences in dozens of cities throughout the country for the purposes of making
THE END OF ZILLOW’S HOUSE I-BUYING BUSINESS Read More »
Thanks to the good people at bookviralreviews.com, and thanks to the popularity of Sultan Road I have become A Millennium Book Award Longlisted Author. Please notice the attached medallion.
MILLENNIUM BOOK AWARD LONGLISTED AUTHOR Read More »
BookView Review interviewed me recently about my current release, Sultan Road. Questions About Your Writing Philosophy: Q. What was an early experience where you learned that language had power? A. Both my parents were very articulate in their use of the English language. My mother in particular taught English in High School. I absorbed enough
AN INTERVIEW WITH THE AUTHOR OF SULTAN ROAD Read More »
After the American Revolution it became abundantly clear that a better form of democracy was needed for the new nation than what was supplied by the Articles of Confederation. But what type of democracy would this mean, and what could the framers go by? There was no suitable working model of democracy that could be
WHAT WAS NORTH AMERICA’S FIRST DEMOCRACY? Read More »
On December 7, 1941, U.S. naval and military bases at Pearl Harbor in Oahu, Hawaii were attacked by Japanese Naval and Air Forces. The next day, Congress declared war, sending the U.S. headlong into World War II. But was the United States virtually at war before the attack? Neutrality Zone: Although hostilities were taking place
WAS THE UNITED STATES ENGAGED IN WORLD WAR II BEFORE THE ATTACK ON PEARL HARBOR? Read More »
Thanksgiving is coming up soon, and plans for the holiday feast should be forming up. If you’re up for a change from the traditional roast turkey, how about smoking a turkey on a charcoal grill. It’s easy to do, relatively inexpensive, and it tastes delicious. Here’s how it all works. The Grill: The best grill
FOR THIS THANKSGIVING, HOW ABOUT A SMOKED TURKEY Read More »