Reality Check continued

The recession officially in October, 2001, yet the stock market did not forecast this by rising. It was still in the doldrums in July, 2002. This was a recovery like no other, and remains so.... keep reading

Franklin Roosevelt's 1933 Inaugural Address is the model. He is still revered by the voters. Whenever the politicians target a victim, rest assured that you will pay to help them stamp out evil-doers.... keep reading

The decline of the historical content of American high school education has paralleled the increase in taxation. This connection is not random.... keep reading

The Dow Jones Industrial Average in August, 2005, has yet to return anywhere near its 2000 high. This reinforces the 2002 prediction of this top stock analyst. His logic was impeccable. If you have money in the stock market, read this.... keep reading

Arthur Andersen paid a heavy price: bankruptcy. The general public will pay a heavy price when retirees find that the accounting assumptions of the U.S. government were even more creative.... keep reading

George Gilder's book, Wealth and Poverty, was a masterpiece. But in the late 1980s, he was seduced by high tech. His writing style went hyper in 1990, his jargon went exponential in 1995, his followers went wild in 1999, and their investments went south in 2000.... keep reading

The drip, drip, drip of government debt has not created a crisis of public confidence, but eventually it will. In the meantime, here is how smart investors made money in 2002.... keep reading

There is no free market in money. There is a controlled market. Stock market bulls are never content to let the free market have its way in establishing stock prices and debt expenses in a recession.... keep reading

The international gold standard was always a government-created fraud waiting to happen. Shortly after World War I began, this fraud was consummated. Lesson: a government promise is never as good as gold.... keep reading

In The Millionaire Next Door, we learn how 80% of America's millionaires became millionaires: a family business. This is the way to wealth. Start here.... keep reading

The Opponents of Gold Hate the Fact That It Restricts Government Spending. They Love Government Spending -- Even the Monetarists.... keep reading

A seller of any commodity does not announce his sale in advance, for that might drive down the price. Yet central bankers always announce such sales. The reason is obvious: to drive down gold's price. This is not irrational behavior, if you understand their peculiar situation.... keep reading

Here are some stories of the transition from slavery to liberty. My favorite is the story of John McDonough, the riches man in Louisiana at his death in 1850.... keep reading

How Islamic terrorists use Americans' worry to advance their agenda. This was obvious in 2002, when I wrote this. It should be obvious today. There is a way to overcome this, or was before America invaded Iraq.... keep reading

People pay $45,000 to $160,000 to earn a bachelor's degree, yet they could pay $15,000 for the same degree, and earn it in three years rather than four to six years. The pay-off is higher, the risk is lower. Why don't they do this?... keep reading

The odds are against you when you invest in high-tech stocks. The technicians are central in such companies. Consumers aren't. Here is a test. If the documentation isn't crystal clear -- in English, not techie -- don't invest.... keep reading