Thanks to billions of dollars in quantitative easing from the U.S. Federal Reserve, fears over a looming stock market crash have been put on hold lately.
Abolishing the Federal Reserve System might seem like a drastic idea, but not when you get the full story…
You never really know what you might get into sitting on the corner stool of a bar in Manhattan.
Last week, I came across a man with a strange little contraption spanning his face at a nearby table. It turns out he was wearing a Google Glass prototype. It was 1 of the 150 prototypes that have been released on the East Coast.
With all of the hype surrounding it, I just had to try it and he gladly gave me a ten-minute lesson. And after a just few minutes with this contraption, I could only reach one conclusion: Google Glass is total dud.
Benjamin Franklin once said, “An investment in knowledge pays the best interest.”
But nowadays, you would have to be delusional to assume that an investment in higher education will definitely pay off.
The American Society of Civil Engineers has just released its annual Report Card for America’s Infrastructure, which grades several critical areas: water and environment, transportation, public facilities, and energy.
And that report card is nothing we’d like to take home to Mom and Dad, moving as it has from a D to a D+ over the last four years. In short, there remains a lot of room for improvement.
The Report Card suggests that the United States government will have to spend roughly $3.6 trillion on infrastructure building to get to a passing grade – at least above a “gentleman’s C.”
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
Turns out no one knows how Obamacare will work – not even the big-name insurers.
As I wrote yesterday, government interventions in the marketplace and out of control cronyism have decimated Argentina, one of the most prolific economies of the early 20th century.
Drive the streets of Buenos Aires, and you will see regal architecture that rivals wealthy European enclaves in Monaco or London.
Would the last person leaving California please turn out the lights…