Inequality, corruption, and incompetent regulation are awful ingredients for a healthy economy. While partisan hacks have criticized the Pope for being a commie, they know not what they do. Pope Francis is trying to save capitalism from itself.   We have tremendous inequality in our country. This Gatsby chart http://wpmedia.o.canada.com/2013/08/gatsbycurve.jpg shows how socially immobile we…

Wise words from Warren Buffet. Something to think about if you believe the poor should fend for themselves. http://www.businessinsider.com/warren-buffett-on-the-ovarian-lottery-2013-12

How about grit over I.Q?? http://www.businessinsider.com/8-things-the-worlds-most-successful-people-all-have-in-common-2013-12

The answer according to Josh Brown is…. 8. Are all traders really methed out lunatics from Long Island and North Jersey? View this image › Via giphy.com According to Brown, who is a former trader from, you guessed it, Long Island, “Most, but not all.”

Under most circumstances the answer is NO!  http://money.cnn.com/2013/12/10/pf/expert/retirement-savings/index.html?iid=HP_MP_River

It is coming up soon…….. http://www.marketwatch.com/story/the-years-best-day-to-buy-a-car-is-approaching-2013-12-09?link=MW_story_popular

http://online.wsj.com/news/articles/SB10001424052702304096104579240501119931482?mod=WSJ_hps_sections_yourmoney

  Imagine working for decades and ending up with a reduced pension. This will happen to public employees in Detroit due to financial mismanagement and unreasonable expectations.  A federal judge ruled that when Detroit declared bankruptcy pensions will be a part of the reorganization plans. It was thought that they were protected by the state…