Author Archives: S.J. Kerrigan

In his seminal book, Friendly Fascism, published in 1980, political scientist Bertram Gross predicts that a future America would be one where power elites continually dominate America’s government, specifically through corporatocracy and a light fascism.  He writes: “[R]eform measures provide a means of siphoning up political power.  Where they involve new benefactions or new regulations, […]

As the housing bubble expanded, it was common to hear the media pound the table praising the benefits of owning a home.  “It’s the most important investment in your life.  It’s the American Dream.  After all, it’s land and they’re not making it anymore.”  You don’t hear that so much these days.  A home isn’t […]

Courtesy of Zero Hedge, JP Morgan has a “preview” of what will happen as a result of the jobs plan. They note, “All in all, we anticipate that little will come out of tomorrow’s speech to make us re-think the near-term outlook.” But what stuck out at us was what they view as the real […]

A hell of a lot of bad news just got dumped on us, so lets take a look at what’s going on and whether the likelihood of recession has increased substantially or not. 

Most of us in the under 40 camp suspect that Social Security will not be there for us when we retire, at least not to the degree it is there for retirees now.  This is as good a time as any to review the state of the Trust Fund and it’s  feeasability for future generations. […]

Not long ago I noticed that manufacturing and some import/export data had come in significantly below expectations, enough to warrant a downward revision in Q2 GDP. Well, the results are coming in now and they’re pretty damning.  Goldman’s out with a report today predicting it at 1.5 percent, down from the 1.8 percent originally predicted […]