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Three Big Factors That Threaten Your Retirement Plans

Written by Gary North on December 26, 2011

Barry Ritholtz is a well-informed investor. He writes a good blog, The Big Picture. Recently, he wrote an article on three factors that undermine most people’s investment plans: (1) the market, (2) the professionals, (3) their own selective overestimation of their investment skills. The market, meaning all organized capital markets, price every asset in terms […]

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Busted Boomers: Why Their 401(k) Plans Are in Ruins

Written by Gary North on December 21, 2011

The problem is getting attention, but this Wall Street Journal story caught my attention. The  median household headed by a person aged 60 to 62 with a 401(k) account has less than one-quarter of what is needed in that account to maintain its standard of living in retirement, according to data compiled by the Federal […]

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New Careers for Liberals — Deserted Churches

Written by Gary North on December 7, 2011

This TV report from CNN tells the story of burned-out theologically liberal boomers who are going back to mainline denomination seminaries. They plan to work in part-time jobs for part-time pay in churches attended by old people on Medicare. The report did not say this, exactly, but it did admit that many mainline churches cannot […]

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Corzine’s First Lawsuit Begins

Written by Gary North on December 6, 2011

It was obvious a month ago that Jon Corzine, the CEO of the bankrupt MF Global, would spend the next decade or so fending off lawsuits. The first one has begun. Former MF Global employees are suing Corzine and the board for misrepresenting the economic prospects of MF Global. On November 2, I wrote this: […]

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$100,000 for a College Education That Fails You

Written by Gary North on December 2, 2011

James Altucher has written a great article on the 10 things he did not learn in college, but should have. I wish 4 million college-bound high school seniors would read it every year. (Over half never graduate.) I have been writing about this for over 30 years. It’s nice to see a few people who […]

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The Logic of Racial Quotas

Written by Gary North on November 30, 2011

Fred Reed is one of America’s most readable columnists. He used to be a real, live journalist, but he finds it easier in retirement to crank out occasional observations about the insanity of government in the United States. In his latest piece, he considers the implications of racial quotas, also known as “racial profiling acceptable to […]

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