Some people like to claim “I hate to say I told you so” — Peter Schiff is not one of those people. Peter, however, has earned the right to say that to his many critics. Crash Proof 2.0 is a revised edition of Schiff’s 1997 Crash Proof. This version leaves the original text intact and [...]
Last November we published Implement Free Trade Now, documenting the Obama administration’s lack of good faith in implementing free trade agreements with important allies such as Colombia, Panama and South Korea. According to the U.S. Chamber of Commerce, the unnecessary delays in the implementation of these treaties has caused the loss of 383,400 American jobs. [...]
It may surprise some readers to discover that I am recommending that people study real estate investing, in light of my previous posts such as Real Estate Is Not Done Falling. However, those posts merely mean that I do not recommend investing in real estate in the United States right now. Long-term, the picture may [...]
Award winning economist Steven Levitt and bestselling author Stephen Dubner have teamed up again to create a followup to their phenomenal hit Freakonomics. In these two tomes, the authors show how seemingly irrational decisions are actually the result of misunderstood but entirely rational economic thought processes. Superfreakonomics is a refreshing blast of common sense in [...]
Sales of new U.S. homes fell by 7.6% in December, earning 2009 a place in history as the worst year for new home sales since the Commerce Department started keeping records in 1963. The 2009 numbers were down an astounding 23% from 2008. The median sales price of the homes that did sell in December [...]
The recent Supreme Court ruling protecting the First Amendment rights of Americans, even if they are corporations or labor unions, causes many of us to pause to think about the nature of corporations and similar organizational structures. Corporations are merely groups of people. Corporations have no rights that people don’t have, but they also don’t [...]
