Our Financial Blog

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“California In My Rear View Mirror”

Mac Davis' country classic mentioned Texas, but SB939 (a proposed California bill that could become law) would put the Golden State in a whole lot of rear view mirrors.  It's not like enough businesses haven't left "Cali" in the last decade or so. To put it...

Going Down The Wrong Road

The Federal Reserve Bank, which is neither "federal" nor has any "reserves," has crossed a huge line in the sand. It has begun buying private corporations' debt through purchases of corporate debt "ETF's" or Exchange Traded Funds. It is bad enough that they have been...